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.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more