Monday, August 17, 2009

Analogix Semiconductor Closes $10 Million Series B-3 Funding

SANTA CLARA, Calif.--(BUSINESS WIRE)--Analogix Semiconductor, Inc., a world leader in high performance digital multimedia interface solutions, today announced that it has closed a $10 million Series B-3 venture capital funding round. The round was led by China-focused venture capital group Keytone Ventures. Major existing Analogix Semiconductor investors, including Woodside Fund, DCM, Globespan Capital Partners, and JAIC, participated.

With offices in Santa Clara, Shenzen, Beijing, Taipei, and Tokyo, Analogix Semiconductor has made a name for itself in the development of semiconductors for the digital multimedia market. “Ever since Analogix Semiconductor was founded in 2002, this company has developed innovative products in the market for high-performance semiconductors for digital multimedia,” says Dr. Kewei Yang, Chairman and CEO of Analogix Semiconductor. Analogix Semiconductor was the first company to deliver DisplayPort technology and the first to market HDMI receivers and transmitters with a reach of 25 meters over low-cost cable. It was also the first company to introduce a discrete DisplayPort 1.1a transmitter certified by the Video Electronics Standards Association (VESA).

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