Mobile TV chip maker Siano has raised $17.5 million in a third round of funding. The financing was led by DFJ Tamir Fishman Ventures (the Israeli partner of Draper Fisher Jurvetson), with existing investors Jerusalem Venture Partners, Star Ventures, Walden Israel, Bessemer Venture Partners and Inventec Appliance also participating.
The Netanya, Israel-based company has now raised a total of $52 million. Siano says it has been expanding in Asia, particularly with the debut of a new chip at the Olympic games,