Israel Science Technology

Wireless HD semiconductor solutions provider AMIMON has raised $10 million in a new round of funding led by Stata Venture Partners. The series D round of financing included all significant investors from prior rounds including: Argonaut Private Equity, Cedar Fund, Evergreen Venture Partners, Walden Israel and Motorola Ventures.

AMIMON’s chipset have been shipping in volume embedded in wireless TVs and video accessories by leading TV OEMs selling AMIMON-based products in the US, Europe and Japan. AMIMON’s wireless technology has also enabled breakthrough products in the medical imaging and professional video markets.

“We are experiencing strong acceptance of our newly introduced 1080p/60Hz chipset; the additional funding will allow Amimon to seize this opportunity to solidify our leadership position,” said Dr. Yoav Nissan-Cohen, chairman and CEO of AMIMON. “We will use this round of funding to enhance production and expand our worldwide operations to meet growing global demand for our technology in the consumer electronics market as well as the medical and professional video markets."

AMIMON is a fabless semiconductor company pioneering wireless uncompressed high-definition video for universal connectivity among CE video devices. Its uncompressed Wireless High-definition Interface (WHDI) allows flat-panel televisions and multimedia projectors to wirelessly interface to all HDTV video sources at a quality equivalent to that achieved with wired interfaces such as component video, DVI and HDMI.

AMIMON was founded by Prof. Meir Feder, Chief Technology Officer, Noam Geri, VP Marketing & Business Development, and Dr. Zvi Reznic, Vice President R&D. The company is headquartered in Herzlia, Israel, with offices in Santa Clara, California, USA; Tokyo, Japan; and Seoul, Korea.

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