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 |