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 DiBcom attracts investment of EUR 20 million

  • July 5th, 2007
  • 10:55 am

Chipset designer DiBcom has closed its fifth round of financing, raising another EUR 20 million. The total funding to date is EUR 60 million. DiBcom has added a new financial partner, Natixis, which subscribed for 50 percent of the round, with remaining funds coming from DiBcom’s global team of investors including 3i, Cipio Partners, Convergent Capital, Credit Agricole Private Equity, Intel Capital, Partech International, SGAM Alternative Investments, UMC Capital and WI Harper. The additional funding will enable DiBcom to further accelerate international growth and consolidate its position in mobile TV markets.