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AltoBeam Obtains USD 8 Mln Investment

China Venture, 2/12/09

Mobile and digital television receiver chipset designer and developer, AltoBeam, recently announced it had completed a round of funding worth USD 8 mln from DFJ Dragon Fund, Draper Fisher Jurvetson (DFJ), Tano Capital, PYJ-Dynasty Venture Fund and a professor from Stanford University. In 2007, AltoBeam received USD 1 mln in investment from DFJ Dragon Fund. The company was established in 2007 and currently has developed 2 demodulation chipsets that are in large-scale production.

Keywords: AltoBeam Tano Capital Draper Fisher Jurvetson PYJ-Dynasty Venture Fund chipset funding hardware television DTV VC

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