Monday, May 5, 2003

Equator Raises $11 million for Video Streaming Processors

Equator Technologies, a start-up based on Campbell, California, secured $11 million in financing for its development of system-on-a-chip (SoC) processors for video streaming and image processing applications. Equator's processors are aimed at video conferencing, surveillance, video on demand, and next generation set-top box and DVD applications. Investors include CIBC World Markets, i-Hatch Ventures, L.P., Ironside Venture Partners II LLC, JAFCO America Ventures, Inc., MMC Capital, Inc., Orix USA Corporation, Polycom, Inc., Rogers Communications and Sojecci Ltd.
http://www.equator.com