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.
RS Components and Allied Electronics connect with Rosenberger for global distribution
October 24, 2014
RS Components (RS) and Allied Electronics, the trading brands of Electrocomponents plc, have signed a global distribution ...
Pixel chip sparks energy-efficient intelligent LED headlamps
Noise cancellation: The sounds of silence in the car
HPLEDs double light output, cut costs by 40 percent
Startup creates virtual cores
Photochemical compounds for tunable OLED devices
October 24, 2014
Spanish researchers have developed new organic compounds characterized by a higher modularity, stability and efficiency, ...
Consumer chips in the car? Experts demand adequate design processes
Murata cheerleaders demonstrate sensors, swarm intelligence
Radon and VOCs detection goes personal
- 5 Best Practices for Designing Flexible Test Stations
- Intelligent PLCs Expand the Internet of Things
- Solutions for Millimeter Wave Wireless Backhaul
- Enter Linduino
InterviewCEO interview: AMS' Laney on driving a sensor-driven business
Kirk Laney, CEO of Austrian mixed-signal chip and sensor company AMS, wants to leverage the opportunity that technology affords to create new markets for sensors and sensor interfaces.
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, Oscium is giving away three of its iMSO-204L dual analogue iOS oscilloscopes, worth USD400 each. Designed with native Lightning compatibility, the iMSO-204L transforms the iPad, iPhone, and iPod touch into an ultra-portable, two-channel oscilloscope.
Since Apple changed its connector, Oscium has been working to bring native compatibility to its customers. The third generation...MORE INFO AND LAST MONTH' WINNERS...
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.