LONDON CMOS RF tuner specialist Elonics Ltd. (Livingston, Scotland) has raised a further $1.1 million, much of which will be used to expand sales and operational support for what it says is a growing global customer base.
The top–up investment comes from the same investor group involved in Elonics' series A funding round for £2.5 million ($5 million) in February and June 2008.
Key investors include Braveheart Investment Group, Scottish Venture Fund and a number of private investors.
David Srodzinski, Chief Executive of Elonics, said: "Early customer feed-back for our first product, the E4000 CMOS RF TV tuner device is very encouraging. In response to demand, we have just opened our first office in Taiwan to service the Greater China Region. With an experienced global team in place we are well-placed to capitalise on the growth of the RF markets."
The E4000 CMOS radio frequency tuner, launched late last year, uses a proprietary technology dubbed DigitalTune, the foundation for a family of re-configurable CMOS RF front end products from the start-up.
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