Tao Group wins further investment

The additional funding coincides with a number of recent licence deals, said the firm, which include OEMs, original design manufacturers and network operators.

“Intent is now a matured technology allowing the company to focus more strongly on securing globally-significant design wins. With the additional funding led by Cross Atlantic we will be able to pursue a much more aggressive go-to-market programme in Europe, Asia and North America,” said Francis Charig, Tao’s Chairman.

Intent is an open and scalable platform that allows multimedia content to run on mobile phones and consumer electronics devices, such as personal video recorders and digital cameras. The platform is independent of operating system, chipset and programming language, said Tao.

“The Intent platform is technologically ahead of the curve and recent licence wins have been testament to the strength of the company and the tangible business benefits that Intent delivers,” said Hazel Cameron, a director of Cross Atlantic.