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 Semiconductor IP
- Multi-channel, multi-rate Ethernet aggregator - 10G to 400G AX (e.g., AI)
- Multi-channel, multi-rate Ethernet aggregator - 10G to 800G DX
- 200G/400G/800G Ethernet PCS/FEC
- 50G/100G MAC/PCS/FEC
- 25G/10G/SGMII/ 1000BASE-X PCS and MAC
Related News
- Percepio Closes Series A Funding Round with Fairpoint Capital
- AccelerComm secures $7.5m Series A funding from IQ Capital, Bloc Ventures and IP Group
- Numem Announces Series A Funding Led by Cambium Capital to Propel Memory Solutions for AI and IoT
- Improv and HelloSoft Provide 802.11 Solution for Embedded Systems
Latest News
- How CXL 3.1 and PCIe 6.2 are Redefining Compute Efficiency
- Secure-IC at Computex 2025: Enabling Trust in AI, Chiplets, and Quantum-Ready Systems
- Automotive Industry Charts New Course with RISC-V
- Xiphera Partners with Siemens Cre8Ventures to Strengthen Automotive Security and Support EU Chips Act Sovereignty Goals
- NY CREATES and Fraunhofer Institute Announce Joint Development Agreement to Advance Memory Devices at the 300mm Wafer Scale