Dublin startup raises $14 million for movies-on-mobiles
October 20, 2008 //
An Irish startup fabless chip company, Movidia Ltd., has raised more than $14 million in Series A funding to pursue the development of a mobile video processor.
LONDON An Irish startup fabless chip company, Movidia Ltd., has raised more than $14 million in Series A funding to pursue the development of a mobile video processor.
Movidia was founded in 2006 by CEO Sean Mitchell, CTO David Moloney and COO Paul Costigan. The company's R&D and sales teams are located in Dublin, Hong Kong and Romania.
The money is being provided by a syndicate led by Celtic House Venture Partners and Capital-E and including Emertec Gestion, AIB Seed Capital Fund and Enterprise Ireland. Movidia's first mobile video processor has been take to silicon and is set to launch early in 2009, the company said.
The processor is being optimized for the creation of audio and video clips by users on a mobile phone and other consumer electronics equipment. Users will be able to do complex in-clip editing to add post-production effects such as slow motion and super resolution zoom to their own video content in real time and on the move without the need for a PC.
"Mobile social networking capabilities will be an important differentiator for next generation mobile handsets and Movidia's semiconductor products will provide handset manufacturers with unique video post-production capabilities that are now in demand by today's consumers," said Mitchell, in a statement.
Prior to founding Movidia Mitchell had spent time with Silicon & Software Systems Ltd. before joining Parthus Technologies. Mitchell then worked for Silansys Technologies until the company was purchased by Frontier Silicon where he was the director of product marketing until November of 2006.
Movidia's board of directors will be expanded as a result of the investment with Roger Maggs and Brian Antonen of Celtic House, Rudi Severijns of Capital-E and Jean-Philippe Gendre of Emertec Gestion joining the board.
Cutting down on personal data leaks
August 22, 2014
Now may be the right time to cut down on smartphone data leaks and reclaim a little bit of privacy, according to Yves-Alexandre ...
Great chances and risks for sensor industry in shale gas exploration
Tools out of the 3D printer conquer car production
Trinamic's stepper motor package gets you started
Webinar: Printed circuit board test and in line automation
Apple, Samsung tablet sales decline
August 21, 2014
Global tablet shipments grew 5 percent year on year to reach 52.4 million units in 2Q14, according to market analysis company ...
MCU market on a rebound, says analyst
Is free-space wireless charging viable? Dialog thinks itís worth a try
Schaeffler to boost electromobility by Formula E commitment
- Building Blocks for the Internet of Things
- New Linear Regulators Solve Old Problems
- Testing GPS with a Simulator
- DSM presents: Select the best plastic for DDR4
InterviewCEO interview: Tronics' Langlois makes moves in MEMS
Pascal Langlois has been CEO at Tronics for nine months. He discusses plans for the company and directions for the complex and diverse MEMS technology sector.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Altium Ltd is offering EETimes Europe's readers the chance to win one TASKING VX-Toolset for ARM Cortex-M Premium Edition, normally licensed for 2.395 Euros, for ultra-rapid prototyping and code development around ARM Cortex-M based microcontrollers.
The VX-toolset for ARM is the first TASKING compiler suite to receive the Software Platform technology, which is seamlessly...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.