Industry: Digital Media, May 2002

 

Investment Type: Growth Equity

 

Company Description: PortalPlayer, Inc. (“PortalPlayer”) is a leading supplier of digital media solutions for the consumer marketplace. It designs, develops and markets semiconductor chipsets for digital media recording and playback using MP3 and other digital compression technologies. PortalPlayer's products are driven by proprietary firmware and software that is tightly integrated with electronic commerce and digital rights management protocols. Operating from its Santa Clara , California offices, the company offers a complete product platform and supporting infrastructure, enabling customers to bring innovative new devices to market quickly.

 

Transaction: Shamrock Capital Growth Fund provided growth capital for expansion of PortalPlayer's customer base and to enable further development of their product roadmap.

 

Status: An IPO was completed in November 2004 (NASDAQ: PLAY) and SCGF exited this investment during 2005.

 

 
 
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