Mobile TV Chipmaker Siano Gets $23.5 Million In Funding

Netanya, Israel-based Siano Mobile Silicon said due to increased demand for mobile TV in China, Brazil, Russia and Korea the company has been able to raise $23.5 million in a fourth round of funding.

The six-year old company makes mobile digital TV receiver chips for cellphones, and other portable and hand-held devices for multiple standards. It works with such companies as Samsung, Motorola (NYSE: MOT), ZTE, Huawei, Mio, Garmin and Dell. Investors in the round consists of all Siano