San Jose California based Situne is raising $5,000,000.00 in New Equity Investment.
San Jose, CA – According to filings with the U.S. Securities and Exchange Commission, Situne is raising $5,000,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Vahid Toosi played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Situne
SiTune Corporation is an innovator of multiple generations of state-of-the-art RF and Mixed signal System on a Chip for 5G wireless transceivers and broadcast receivers based on SiTunes patented revolutionary Hardware Intelligent Circuits (HIC) technology. SiTune is currently shipping products including tuners for advanced multi-channel TVs, Set-top Boxes, spectrum monitoring for Cable head-ends and tuners for Mobile TVs. SiTune products are differentiated based on their unique architecture and design resulting in lower power consumption and superior performance. SiTune is headquartered in San Jose, California.
To learn more about Situne, visit http://situne-ic.com/
Contact:
Vahid Toosi, Chief Financial Officer
855-550-8750
https://www.linkedin.com/in/vahid-toosi-b1a9a21/
SOURCE: http://www.intelligence360.io
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