| June 30, 2005
Analogix Semiconductor Secures $15.4 Million in Series B Funding
Lead Investor Globespan Capital Partners Joins Existing Venture Investors DCM - Doll Capital Management, IDG Technology Venture Investment and Woodside Fund
Redwood Shores, CA – Woodside Fund an early-stage
venture capital firm, today announced that they participated in
the $15.4 million Series B equity funding for Analogix Semiconductor,
a Santa Clara-based manufacturer of high-performance analog mixed-signal
semiconductors. New lead investor Globespan Capital Partners joins
existing venture investors Woodside Fund, DCM - Doll Capital Management
and IDG Technology Venture Investment. The $15.4 million brings
the total investment in Analogix to more than $25 million. The new
investment will be used to fund product roll-out initiatives and
the expansion of Analogix’s product line of analog and mixed-signal
devices for multimedia and communications applications.
“Woodside Fund is excited to provide continuing support to
Analogix,” said Daniel Ahn, a Woodside Fund Managing Director
and Analogix board member. “There is a strong market interest
in high-speed multimedia and communication chips – especially
for new emerging consumer electronics applications, and we look
forward to working with Analogix’s proven executive management
team to support its growth and market expansion.”
“Analogix has executed well in product and business development,
and we are aggressively investing in the sales and support infrastructure
expansion necessary to drive our next stage of growth,” said
Kewei Yang, founder and CEO of Analogix. “The high caliber
of venture firms that have invested in us further validates our
approach to this market space.”
Analogix Semiconductor designs analog and mixed-signal integrated
circuits, including ICs to power high-speed links for multimedia
hardware such as HDTV using far less expensive cable, high-speed
interconnect chips capable of moving data at 6.25 Gbps; and long-range
ethernet silicon designed to move signals at 10 Mbps over distances
in excess of 500 meters.
About Analogix Semiconductor
Analogix Semiconductor, Inc., founded in March 2002, manufactures
high-performance analog and mixed-signal semiconductors for the
multimedia and communications markets. The corporation’s core
competency is the design of high-speed physical-layer transceiver
technology deployed in multimedia, backplane and system interconnect
applications. Analogix products combine advanced analog design with
standard CMOS logic process to offer cost-effective interconnect
solutions. Analogix is based in Santa Clara, Calif., with development
offices in Beijing, China. For more information, visit http://www.analogix.com.
About Woodside Fund
Woodside Fund is a leading venture capital firm that excels in developing
early-stage technology companies. Founded in 1983, Woodside Fund
attributes its long record of success to the high value it places
on building productive partnerships with entrepreneurs, other investors
and service providers. Typically a lead investor, Woodside Fund
invests from $5 million to $10 million in early-stage software,
fabless semiconductor and network infrastructure companies located
primarily on the West Coast. Woodside Fund has more than $330 million
in capital under active management. For more information, go to
www.woodsidefund.com.
For all press related questions
or comments, please contact Carole Sinclair at caroles@woodsidefund.com
or phone 925.818.1038.
www.woodsidefund.com

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