China English
 
   
Press Releases
In the News
Calendar of Events

 

  Press Release
 
 

Dilithium Secures $18M in Series C Financing

 

Petaluma, CA March 15, 2005— Dilithium, a leading provider of wireless multimedia solutions, today announced that it has secured $18M in series C funding.  The financing round was led by USVP, a prominent Silicon Valley based venture capital fund, with participation from existing investors including Motorola Ventures, JAFCO, Deutsche Bank Capital Partners, and CM Capital. Singapore’s Infocomm Investments Pte Ltd, a subsidiary of Infocom Development Authority, also participated as a new investor.

 

 “We view Dilithium as a key player in driving multimedia services over 3G networks.” said Chris Rust, General Partner for USVP. “With its unique and patent pending technologies, Dilithium is the leader in providing interconnectivity solutions between the 3G Mobile and broadband networks.”

 

 “We are pleased to broaden our financial support with such established and successful partners as USVP, and Singapore’s Infocomm Investments” said Paul Zuber, Chief Executive Officer of Dilithium.

 

About Dilithium

Dilithium is the leader in 3G video telephony solutions for the world’s mobile and broadband industries. Products include multimedia transcoding gateways, 3G-324M protocol analysis test tools, protocol stacks and video telephony client solutions. Dilithium serves a global customer base including the majority of the leading network equipment suppliers, terminal manufacturers and mobile operators. For more information, please visit www.dilithiumnetworks.com 

 

For more information contact:

Alex Afshar, Dilithium
alex.afshar@dilithiumnetworks.com / Tel: +1 707 792 3902