Siano closes $23.5 million Series D financing round

Mobile digital TV receiver chip supplier Siano Mobile Silicon announced the completion of a $23.5 million Series D funding round led by existing investors JVP, DFJ-Tamir-Fishman, Star Ventures, Walden Israel and Bessemer Venture Partners. Siano develops and markets semiconductor chips to enable reception of digital TV broadcasts across mobile, portable and handheld devices--manufacturer partners include Samsung, Motorola, ZTE, Huawei, Mio, Garmin and Dell. The firm said the new financing will help increase its product inventory as well as support its efforts to expand into new products and new markets.

For more on the Siano funding:
- read this release

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