Valens develops HDBaseT technology for the audiovisual and automotive markets. Its HDBaseT Automotive chip technology enables in-vehicle connectivity by converging audio and video, Ethernet, USB, controls, PCIe, and power over a single cable. HDBaseT is used by audio/video component manufacturers. Led by CEO and co-founder Dror Jerushalmi, Valens is advancing audio/visual chipset technology into the automotive world. The company raised $63M to accelerate development of its portfolio for the autonomous vehicle sector and to address the ongoing requirements of its automotive partners. Valens is based in Hod HaSharon, Israel. Valens develops semiconductor products for the distribution of ultra‑high‑definition multimedia content, with a focus on long‑reach connectivity over a single cable. Its HDBaseT automotive technology, introduced in 2016, targets connected‑car challenges by enabling infotainment and ADAS bandwidth and wiring needs. The company was established in 2006 by Dror Jerushalmi and is based in Hod Hasharon, Israel. Valens recently secured additional equity financing to accelerate product development and time to market. Management says the funds will be used to develop additional products to meet market demand and to support customers with design and development projects. As part of the financing, a new investor representative will join the board. Valens Semiconductor is a fabless company that supplies semiconductor products for distributing uncompressed high-definition multimedia and invented the HDBaseT technology. Its HDBaseT technology enables long-reach connectivity of devices over a single 100m/328ft standard CAT5e/6 LAN cable. The company develops HDBaseT chipsets and says it will use the funding to accelerate development of follow-on generations of its chipset, enabling further integration and cost reduction. Valens expects these improvements to facilitate growth in multimedia transmission and data communication for consumer electronics. Founded in 2006 and privately held, Valens has offices in Israel, Japan, Hong Kong, and the USA, with local representatives in Korea, Taiwan, and China. The recent financing provides additional capital to support product development and market expansion.

Total raised

$137M

Funding rounds

3

Latest round

Equity

Latest activity

Nov 2018