SiliconBeat: Chip start-up Qpixel enjoys the video wave, raises $25 million

Chip start-up Qpixel enjoys the video wave, raises $25 million

Qpixel Technology, a Cupertino chip company, is the latest to benefit from excitement surrounding video sharing. It specializes in low-power digital video and audio compression, and has just raised $25 million in its second round of funding led by Oak Investment Partners (you'll have to go to the Website to find the announcement; there is no link).

Speaking of Oak, the Washington State Investment Board still hasn't gotten back us about why it has invested public money into Oak despite its mediocre performance. We're assuming there's a decent explanation; we'd like to hear it.

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Comments

Hi,

these guys are way to late to the market, there are large players such as broadcomm, and on innnovation low power side there is Mobilygen( 3 years, Kpcb, redpoint funded) with sub 200 mw chipset, I wonder what is value prop?

Rk on June 15, 2006 8:58 AM
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Hard to tell. The site says the product has yet to be announced, but that technology is an "optimized" implementation of H.264.

Matt Marshall on June 15, 2006 9:05 AM
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Well Mobliygen, Broadcomm, offers H.264 as well, may be another me too company! This shows why Oak is mediocre performer. Also this space is really price compaetitive as well chips are going for $10 and below.

RK on June 15, 2006 9:34 AM
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perhaps oak is trying to clear out an existing fund so they can move on to the new $2.6B. just need to find some place to stuff $25M, why not play the online video space?

bh on June 15, 2006 2:58 PM
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