Tech Company Financing Transactions

Newport Media Funding Round

On 11/20/2006, Newport Media received $30 million in Series C funding from DAG Ventures, Benchmark Capital and Global Catalyst Partners.

Transaction Overview

Company Name
Announced On
11/20/2006
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Proceeds Purpose
This financing will enable the company to ramp volume production to their customers while expanding their product portfolio to deliver multi-standard solutions for the rapidly growing digital mobile TV market segment.

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
1 Spectrum Pointe Dr. 225
Lake Forest, CA 92630
USA
Overview
Newport Media is a fabless semiconductor company that develops and sells highly integrated solutions for emerging digital audio and mobile TV broadcasts standards. Market research firm In-Stat forecasts that the market for TV enabled cellular phones will grow to over 80 million units annually by 2010.
Profile
Newport Media LinkedIn Company Profile
Social Media
Newport Media Company Twitter Account
Company News
Newport Media News
Facebook
Newport Media on Facebook
YouTube
Newport Media on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mohy Abdelgany
  Mohy Abdelgany LinkedIn Profile  Mohy Abdelgany Twitter Account  Mohy Abdelgany News  Mohy Abdelgany on Facebook
Chief Financial Officer
Scott Blouin
  Scott Blouin LinkedIn Profile  Scott Blouin Twitter Account  Scott Blouin News  Scott Blouin on Facebook
Chief Technical Officer
Nabil Wasily
  Nabil Wasily LinkedIn Profile  Nabil Wasily Twitter Account  Nabil Wasily News  Nabil Wasily on Facebook
VP - Engineering
Mohamed Romdhane
  Mohamed Romdhane LinkedIn Profile  Mohamed Romdhane Twitter Account  Mohamed Romdhane News  Mohamed Romdhane on Facebook
VP - Marketing
James Kamke
  James Kamke LinkedIn Profile  James Kamke Twitter Account  James Kamke News  James Kamke on Facebook
VP - Operations
Hassan Hashemi
  Hassan Hashemi LinkedIn Profile  Hassan Hashemi Twitter Account  Hassan Hashemi News  Hassan Hashemi on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/20/2006: Cambridge Devices venture capital transaction
Next: 11/21/2006: Intradigm venture capital transaction

 

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We do our best to report on tech company VC transactions. All VC database entries on this site come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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