Mobile TV chip company, Telegent, raises $20M
Telegent Systems, a Sunnyvale, Calif. company that makes chips for mobile TV, said it has raised $20 million in a third round financing.
Northern Light Venture Capital is the latest investor in Telegent, with existing Telegent investors participating. Total external investment in Telegent now totals $50 million. Previous investors include New Enterprise Associates and Walden International and Index Ventures.
Northern Light is a China-focused venture firm, where Telegent has a subsidiary.
Here’s the company’s announcement, and a snippet:
Telegent Systems is a leading fabless semiconductor company providing high performance, single-chip CMOS solutions enabling free-to-air and pay-per-view mobile TV in cellular phones and portable media devices. Telegent’s solutions deliver both analog and digital broadcast reception with unparalleled sensitivity and picture quality in mobile environments, ultra-low power consumption, and a small footprint simplifying mobile device design and manufacture.
Next Story: Clearwell, email analytics company, raises $17M
Previous Story: CafeMom, a social network for mothers
Tags: deal
About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.












