English
NB-IoT Protocol Stack IP (3GPP CAT-NB1, L1-L3 and Service Layer)
NGCodec Raises Funds in New Financing Round
Streaming Media West, Huntington Beach CA – November 18, 2014 – NGCodec Inc., a pioneer in Next Generation video Codec (compressor-decompressor) technology, announced today that it has received several million dollars in new financing from Belmore Capital.
“We are extremely pleased to be working with investors who see the potential to build a billion dollar company,” said Oliver Gunasekara, CEO & co-founder of NGCodec. “We plan to use the funding to support the company’s growth and hire an additional 30 engineers.”
| HEVC/H.265 Main10 Profile Decoder IP for UHD(4K)  HEVC / H.265 hardware encoder  Hantro G2 Multi-format Decoder IP (HEVC and VP9)  | Ad |
Neil Belmore, Managing Director of Belmore Capital, added “We are excited about NGCodec’s excellent team of engineers and the emerging global market for H.265/HEVC video compression.”
About NGCodec
NGCodec is a startup based in Silicon Valley creating video codec silicon Intellectual Property. The team is focused on the new H.265/HEVC codec. The company was founded in 2012. NGCodec licenses its silicon IP technology to semiconductor manufacturers and OEMs and is still in stealth mode with regards to its future products and services. NGCodec.com
About Belmore Capital
Belmore Capital is a Toronto-based venture capital firm with a presence in Palo Alto CA and an investor in technology and life sciences companies. www.belmorecapital.com
|
||||||
Related News
- Altair Semiconductor Raises $25 Million Financing Round
- Smart Grid System on Chip Innovator, EnVerv Raises $12M Round of Financing
- Blu Wireless raises $16.6 million in growth funding round for 5G applications
- Ampere Computing raises new round of capital, including new investor Arm
- Wave Computing Raises $86M in Oversubscribed Series E Round To Fuel Global Expansion and Further Accelerate Wave's Cloud-to-Edge Strategy
Breaking News
- High-speed comms options enable in-life debug and optimization for datacenter, HPC and storage customers
- Expanding Universe for HPC, NVIDIA CEO Brings GPU Acceleration to Arm
- IntelliProp to Demo World's First UPI to Gen-Z Load/Store Host Adapter at SC19
- EasyIC Design joins Arm Approved Design Partner Program
- ArchiTek Select SiFive and DTS-Insight To Enable Next-Generation AI Solution Development
Most Popular
- Synopsys Completes Acquisition of DINI Group
- Intel to Reclaim Number One Semiconductor Supplier Ranking in 2019
- Intel announces open oneAPI initiative and development beta release with Data Parallel C++ language for programming CPUs, GPUs, FPGAs, and other accelerators
- NUVIA Raises $53 Million to Reimagine Silicon Design for the Data Center
- ArchiTek Select SiFive and DTS-Insight To Enable Next-Generation AI Solution Development
|
E-mail This Article | 
|
|
Printer-Friendly Page |