AMIMON Gets $15M Funding To Boost WHDI Chipset Production
Amimon one of the companies behind the wireless TV evolution has received a $15 Million injection as part of a second round of financing. This round of funding, said Amimon came from strategic investors along with existing investors, and that the “funding will accelerate the development of follow-on generations of AMIMON’s WHDI chipset enabling further integration, cost reduction and facilitating growth in the wireless home video market.”
Last year the market saw a number of PC to TV solutions (wireless HDTVs, PC-to-TV, tablet-to-TV, HD Wireless Bridges, etc.) based on AMIMON’s WHDI chipsets. The funds received are to increase production of components for OEM and CE manufacture market. “We will use this round of funding to solidify AMIMON’s WHDI technology as the connection method of choice for all mobile devices and tablets to the TV,” said Dr. Yoav Nissan-Cohen, chairman and CEO of AMIMON.
AMIMON’s WHDI technology can be designed in a compact form-factor that easily embeds into mobile devices. Furthermore, WHDI technology has low power consumption that delivers long battery life. Mobile devices, smartphones and tablets embedded with WHDI technology will enable users to wirelessly view all of the device content on their TVs with excellent user experience.
The Amimon WHDI chipset has virtually no latency (less than one millisecond); users will be able to experience interactive applications and gaming capabilities of their mobiles devices and tablets on the “big screen.” WHDI enhances the user experience by delivering true real-time interactivity - enabling applications like “flick to scroll” where users can use a tablet to control the action while seamlessly viewing it on the TV with no delay.