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Tao Group secures $9M in venture funding

READING, United Kingdom-Tao Group announced it scored an additional $9 million in venture funding, bringing the company’s total war chest to $40 million.

Tao is offering an ambitious software platform, Intent, to electronics manufacturers that the company said is an independent multimedia platform that allows electronics manufacturers to have a single strategy across all of their platforms, irrespective of operating system, hardware and function.

During the past two years, Tao’s software platform has been incorporated into a range of digital networked client devices, including mobile phones, PDAs, DVDs, DTVs and home servers. The company’s licensees include Motorola, Sony, Philips, JVC, Kyocera and Sharp.

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