WHITE PLAINS, N.Y.—Fabless semiconductor company Sandbridge Technologies Inc. scooped up $15.4 million in a Series B round of financing. Samsung Ventures America led the round, the company announced.
Sandbridge said it’s developing flexible “software-defined” baseband and multimedia chips for mobile handsets. The company is developing ultra-low power, reprogrammable solutions to replace fixed-function, multi-chip hardware in wireless handsets. The company said its multi-mode, multi-function system-on-chip digital signal processor-based platform, its SB3000, performs baseband and multimedia processing in software without compromising power consumption.
The company said its processor will speed time-to-market for lower-cost handsets—one of the competitive advantages many handset vendors are attempting to leverage to make their responses to market segmentation and shifting trends more nimble.
“Sandbridge has developed ground-breaking technology with significant potential for revolutionizing the design, manufacture and usability of next-generation convergent wireless handsets,” said Jay Eum, managing director of Samsung Ventures.
