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Press Release |
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Editorial Contact: |
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Holger
Hoeltke
Silicon Line GmbH
+49 89 23684200
press@silicon-line.com |
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Silicon Line GmbH Secures Series A |
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Fabless, Analog IC Provider Silicon Line Secures
Funding to Pursue
Fast-Growing Markets for Its Patented PHY Layer Chips |
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Munich, Germany, December 19, 2007:
Silicon Line GmbH, a German fabless IC company, focusing on ultra-low
power analog ICs, today announced it has secured initial funding in a
Series A round led by Belgium based Capital-E and Germany based Munich
Venture Partners (MVP).
Silicon Line has developed unique, industry leading PHY-layer ICs for
power critical optical data transport applications in portable systems
and devices. The company has clearly the potential to become the
industrial partner to connector suppliers in diverse market segments.
The company plans to use the proceeds of this financing to pursue
fast-growing markets for its patented PHY-layer ICs and to accelerate
the growth of its organization.
Capital-E Partner, Pascal Vanluchene argues: “Silicon Line impressed
us with its unprecedented low power standard CMOS IC’s for optical
links solving today’s unacceptable interference issues given a
multitude of available transmission standards and frequency bands.
Trendy portable devices with simpler designs will go to the market
much faster than ever before, and Capital-E is pleased to help realize
the Company’s growth plan in that respect.”
"We are excited to invest in a world class team of semiconductor
designers who have proved that they are able to implement surpassing
performance in standard CMOS." commented Dr. Soenke Mehrgardt, General
Partner at MVP. "This team, combined with a strategic marketing plan
and a rich product roadmap, provides the building blocks for a very
successful organization."
“We are delighted to welcome Capital-E and MVP as financial partners
to Silicon Line. This investment will enable us to consolidate our
leadership position in the analog IC market”, said Holger Hoeltke,
Silicon Line’s founder and managing director.
About Capital-E
Capital-E is an early stage venture fund focused exclusively on micro-
and nano-electronics related start-ups in Europe. Through its
entrenched relationship with IMEC, the largest independent research
centre in micro- and nano-electronics in Europe, the fund and its
ventures can directly rely on the support of over 1300 specialised
scientists and engineers, as well as leverage on IMEC’s 500+ worldwide
industrial partners such as NXP, Infineon, STMicroelectronics, Intel,
Matsushita/Panasonic, Texas Instruments, Samsung and TSMC to speed-up
the process of market entry. The fund is managed by an independent
team with a balanced mix of entrepreneurial, industrial and VC
experience. For more information on Capital-E, please visit
www.capital-E.be.
About MVP
Munich Venture Partners is an independent Venture Capital firm located
in Munich, Germany. Founded by a group of senior executives of large
international corporations and seasoned venture capital professionals,
MVP focuses on venture capital investments into high-tech startups in
all stages of their development. It is the goal of MVP to help today’s
innovators to becoming the market leaders of tomorrow.
For more information on MVP, visit its web site at
www.munichvp.com.
About Silicon Line GmbH
Silicon Line is a Germany based fabless analog IC company, specialized
in providing innovative, ultra-low power IC solutions in standard
CMOS-technology. Silicon Line is located at Elsenheimerstrasse 50,
D-80687 Munich, Germany.
Additional information is available at
www.silicon-line.com.
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