Amimon raises $14m.

Herzliya-based Amimon Inc. has raised $14 million in a second fundraising round, the company said Monday.

By AVI KRAWITZ
August 15, 2006 08:38

Herzliya-based Amimon Inc. has raised $14 million in a second fundraising round, the company said Monday. Amimon is working to develop a wireless video modem chipset for the transmission of uncompressed high-definition video streams, which the funding will help bring to market in the first quarter of 2007. The round was led by Boston-based Stata Venture Partners with Argonaut Private Equity and previous Israeli investors Cedar Fund, Walden Israel and Evergreen Partners also participating. The financing brings the total investment in Amimon to $21m.


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