Wireless HD chipmaker Amimon has raised USD $10 million in its latest round of funding.
The Israeli company’s announcement as demand for HDTVs capable of wirelessly transferring HD video from one device in the home continues to grow.
Led by Stata Venture Partners the funding round also includes previous backers Argonaut Private Equity, Cedar Fund, Evergreen Venture Partners, Walden Israel and Motorola Ventures.
The company said it has developed six different chips to date with its prior funding, including a new chip based on the WHDI (Wireless Home Digital Interface) standard.
Its first-generation product is performing well, both in consumer electronics devices and in medical imaging equipment.
Customers include Sony, Sharp, Mitsubishi, Gefen, Belkin, Stryker (medical devices), IDX (Pro AV video cameras), Philips, and Hinsense.
The second-generation WHDI chip set improves on the first in that it can transfer full HD video – defined as video in the 1080p format running at 60 frames per second.
The previous chip set could only do 1080i video at slower speeds.
The new chip set is compliant with the Wireless Home Digital Interface (WHDI) industry standard and is expected to ship in customer products in 2010.
Rival SiBEAM uses a different technology, based on the 60-gigahertz band of the radio spectrum, with higher speeds but shorter ranges.
Yoav Nissan-Cohen, chairman and CEO of AMIMON, said the company is experiencing "strong acceptance" of the newly introduced 1080p/60Hz chipset.
"The additional funding will allow Amimon to seize this opportunity to solidify our leadership position," he said.
"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."