Mobile TV Chip Maker Gets Another $27 Million in Fifth RoundDiBcom, a France-based mobile TV semiconductor maker, has received another $27 million in its fifth round of funding. The funding was led by French bank NATIXIS (which put up about half of the investment), with remaining funds coming from existing investors including 3i, Cipio Partners, Convergent Capital, Crédit Agricole Private Equity, Intel Capital, Partech International, SGAM Alternative Investments, UMC Capital, and WI Harper. This bring the total money invested to about $80 million..its fourth round in 2005 was led by Intel Capital.
The company’s chip are built for DVB-H, which is slowly emerging as the standard, at least in Europe, where the EU is close to mandating the technology as a preferred standard. DiBcom based in Paris, France and established in 2000, launched its DVB-H chip in 2005, and the company says its chips are used in the majority of DVB-H mobile TV phones currently on sale, notably in Italy with LG, Sagem and Samsung.
