Mobile TV chip maker Siano Mobile Silicon has secured USD 17.5 million in a Series C round of funding. The new capital will help Siano expand its sales and customer support facilities worldwide, build adequate silicon inventory to match the demand for its products and continue developing services for the mobile TV market. DFJ Tamir Fishman Ventures led the funding round and was joined by all of the existing investors from previous funding rounds including JVP, Star Ventures, Walden Israel, Bessemer Venture Partners and Inventec Appliances. Siano has currently raised USD 52 million in three rounds of funding.
