Siano raises $17.5M for mobile TV chips

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,

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Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.

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