Funded by famous venture capital Investors, Maxscend Technologies Inc. was incorporated by a group of Silicon Valley returnees in April 2006. Located in the ZhangJiang High-tech Park, Shanghai, Maxscend is dedicated to developing and marketing DTV and mobile DTV IC chip solutions. For less than two years since its inception, Maxscend has developed three products, all in production, and applied more than 30 patents. Today, Maxscend is a recognized leading DMB/DAB/DAB+ solution provider as well as major supplier of demodulator IC for China digital terrestrial television standard (DTMB).
Maxscend’s first product MXD0120 was designed for digital radio broadcasting (DAB/DAB+) and mobile DTV (T-DMB) applications, both of which have great market potential. MXD0120 is the industry’s smallest DAB/DAB+/T-DMB demodulator with lowest power consumption. It has been widely adopted by system design houses and OEM/ODMs in China.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 06/23/08 | Series B | 8M | Unknown |