HelloSoft Receives Funding From Intel Capital
SAN JOSE, Calif. -- Jan. 19, 2006 -- HelloSoft, Inc., a leading supplier of signal processing technology and Software Defined Radio (SDR) solutions for VoIP, Wi-Fi, Cellular, and converged markets, today announced that Intel Capital has made an equity investment in HelloSoft as part of the Series B funding previously announced by HelloSoft. "We're very pleased to bring HelloSoft into our portfolio, their products provide exciting solutions for customers in the converged communications market segment", said Sriram Viswanathan, Vice President of Intel Capital. The Series B round, which is now closed, was led by TD Capital Ventures with the participation from new investors Mitsui & Company Venture Partners, Entrepia Ventures, and current investors, including Venrock Associates, Sofinnova Ventures and Jump Startup. The funding will be used for further product development and marketing.
HelloSoft's products are provided as a suite of integrated -offerings that include DSP software, Networking software, RTL, complete reference designs and consulting services to customize these solutions to suit customer requirements. Products that utilize HelloSoft's solutions include next- generation mobile phones, personal digital assistants, IP phones, set-top boxes, game consoles, residential gateways, enterprise and SOHO gateways, WLAN access points, carrier-class media gateways, soft switches, and mobile base stations.
"Intel is a key strategic player in the converged communications market - segment and we are pleased to have Intel participate in this round of funding", said Krishna Yarlagadda, President & CEO of HelloSoft. "In addition, we are delighted to have been selected by Intel to collaborate on integrated products and go-to-market strategies involving the market leading Intel XScale(R) processor platforms". "
ABOUT INTEL CAPITAL
Intel Capital, Intel's strategic investment program, focuses on making equity investments and acquisitions to grow the Internet economy in support of Intel's strategic interests. Intel Capital invests in hardware, software and services companies in several market segments, including computing, networking, and wireless communications. For more information, visit http://www.intel.com/capital.
ABOUT HELLOSOFT, INC.
HelloSoft is a leading supplier of signal processing technology and Software-Defined Radio (SDR) solutions for VoIP, Cellular, Wi-Fi, and converged markets. A pioneer in feature-rich customizable VoIP platform, combined with its best-of-breed Cellular and WLAN Intellectual Property (IP) Portfolio, HelloSoft's offerings enable cost-effective, low-power and high performance mass deployment of multi-mode mobile and portable communication devices for the converged market place. HelloSoft is the inventor of RISC-only implementation, which has been adopted by 30+ major semiconductor and OEM/ODM companies worldwide. http://www.hellosoft.com
|
Related News
- Silicon Hive Receives US$7M in New Funding From Intel Capital and Current Investors
- Movellus Closes Second Round of Intel Capital Funding
- AI Semiconductor Company Syntiant Demonstrates Analog Neural Network for Always-on Battery-powered Devices, Closes A Round Funding Led by Intel Capital
- Movellus Closes Funding from Intel Capital for Digital Tool Expansion Technology
- Netspeed Raises $10M in Series C Funding Led by Intel Capital to Bring Machine learning to SoC design and architecture
Breaking News
- Logic Design Solutions launches Gen4 NVMe host IP
- ULYSS1, Microcontroller (MCU) for Automotive market, designed by Cortus is available
- M31 is partnering with Taiwan Cooperative Bank to launch an Employee Stock Ownership Trust to strengthen talent retention
- Sondrel announces CEO transition to lead next phase of growth
- JEDEC Publishes LPDDR5 CAMM2 Connector Performance Standard
Most Popular
- Arm's power play will backfire
- Alphawave Semi Selected for AI Innovation Research Grant from UK Government's Advanced Research + Invention Agency
- Secure-IC obtains the first worldwide CAVP Certification of Post-Quantum Cryptography algorithms, tested by SERMA Safety & Security
- Weebit Nano continuing to make progress with potential customers and qualifying its technology Moving closer to finalisation of licensing agreements Q1 FY25 Quarterly Activities Report
- PUFsecurity Collaborate with Arm on PSA Certified RoT Component Level 3 Certification for its Crypto Coprocessor to Provide Robust Security Subsystem Essential for the AIoT era
E-mail This Article | Printer-Friendly Page |