LONDON U.K. start-up SiConnect has raised a further £2.8 million from existing investors to coincide with the home powerline chip developer receiving first-time working silicon for its first transceiver from its foundry, Chartered Semiconductor.
The additional funds come from Esprit Capital Partners, TTP Ventures and Dow Venture Capital. The company was formed last year and to date has secured £2.8 million investment from TTP Ventures, Prelude Ventures and Dow Chemical.
SiConnect (Swindon England) says it is on course to be sampling its first product during the fourth quarter of this year, moving to volume availability in Q1 2007.
The first transceiver is being made in Chartered Semiconductor’s 0.18-micron HV CMOS process, and Unisem is doing the die packaging.
The company claimed earlier this year that its POEM technology and powerline transceiver IC overcomes the reliability, safety and cost issues holding back other protocols for networking video, data, audio and voice around the home.
Its proprietary protocol uses a Synchronous Multiple Access / Contention Resolution (SMA/CR) scheme and an inbuilt QoS management structure that delivers 16 different service levels for prioritizing traffic. SiConnet said the part will sell for about $5 for high volume quantities.
Commenting on getting first-time working silicon of the powerline transceiver, Paul Nickson, vice-president of engineering at SiConnect, said: “POEM technology provides an incredible amount of leading-edge functionality and implementing it in what is a highly reliable and mature process has proven to be the right route for us to take, both in terms of quality and cycle time.”