"The consumer electronics market is rapidly transitioning to digital audio amplification. This is especially true for flat panel TV, where the increased efficiency is a requirement," said Eric Rothfus, Managing Director, TL Ventures. "We are pleased to lead this strategic round of funding that enables the company to continue to grow and lead the industry in audio solutions."
"JAM's strength is in its technology and products that solve the problems that have prevented digital amplification from growing more rapidly," said Marc Yagjian, Managing Director, Origin Partners.
JAM has recently announced its JM2007 and JM2020, 7-watt and 20-watt products for digital and flat panel TVs. These devices combine the advantages of CD Quality audio output resolution and the efficiency of digital-input amplification. The simple to use solution results in ease of integration and reduced Bill of Materials (BOM) costs that are particularly appealing to manufacturers faced with aggressive time-to-market and margin requirements.
"JAM's novel digital audio approach can deliver enhanced audio experience to the end user while potentially reducing platform BOM costs and power reduction," said Tom Calvert, Senior Investment Manager of Intel Capital.
"JAM is very excited to attract such value-added investment partners. Their participation will help make the JAM True Fidelity Digital Amplifiers the solution of choice for consumer electronics," said Mike Holt, CEO of JAM.
Also newly announced, JAM Technologies Singapore, the company's new headquarters in Singapore, now places JAM in the heart of its Asian customers and partners. JAM Singapore will be fully staffed for IC design, manufacturing operations, applications engineering and sales, to support increasing demand for the new JAM True Fidelity digital Class D Amplifiers. In addition, the newly established JAM headquarters in Austin, TX will serve as the company's Engineering Design Center, where continued innovation into the next generation of True Fidelity digital amplifiers will take place.
JAM True Fidelity Digital Amplifiers are based on a true, digital-input Class D open-loop design that delivers analog-quality audio with Class D efficiency. The design incorporates a patented Synchronous Bi-modulation(TM) technique, which drives the output stage without creating the errors from which conventional Class D amplifiers suffer. Coupled with a patented E-Bridge(R) output stage architecture, JAM amplifiers offer the only Class D architecture that can provide true CD-quality 16-bit output resolution.
About TL Ventures
TL Ventures ( www.tlventures.com) is an established venture capital firm with over $1.4 billion under management. Focused on investing in category-defining, early-stage companies in information technology, communications and biotechnology, the firm provides portfolio companies with operational, entrepreneurial and financial expertise and a global network of resources and contacts. TL Ventures has offices in Philadelphia, Austin, Dallas and Los Angeles.
About Origin Partners
Origin Partners is an emerging venture capital firm focused on deal origination and pro-active deal management. Managed by seasoned venture capital investors and operating executives, with offices in the Boston, Austin, and New York metropolitan areas, Origin has developed a strong partner network to develop early stage investment opportunities in high potential markets of information technology, communications, and medical technology. More information is available at www.originpartners.com.
About EDBV Management
EDBV Management Pte Ltd ("EDBVM") is a fund management company under EDB Investments Pte Ltd, which is in turn a wholly-owned investment holding company of the Singapore Economic Development Board. EDBVM manages about US$450million and 100 projects in its portfolio. It delivers value to its portfolio through access of capital and the rich network of global and local business partners and contacts. For more information, visit www.edbvm.com.
About Intel Capital
Intel Capital, Intel's strategic investment program, focuses on making equity investments and acquisitions in technology enhancing how people live and work. Intel Capital invests in hardware, software and services companies in several market segments, including computing, networking, and wireless communications and digital entertainment. For more information, visit www.intel.com/capital.
About JAM
JAM Technologies, Inc., a mixed signal fabless semiconductor company, is a leading innovator in digital audio amplifiers for consumer electronics markets, including flat panel TV, PC audio and personal mobility. With more than 20 issued and 20 pending patents, the JAM True Fidelity(R) product line redefines Class D amplification with its high fidelity sound quality, ease of implementation and low system cost. With headquarters located in both Singapore and Austin, TX, JAM sells its products via international distributors throughout Asia. More information is available at http://www.jam-tech.com.
True Fidelity and E-Bridge are registered trademarks and Synchronous Bi-modulation is a trademark of JAM Technologies, Inc. All other company and product names not owned by JAM mentioned in this document are the property of their respective owners.
Contact:
JAM Technologies Patrick Lucci, +1 617-480-1119 Email Contact