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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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