Anyone involved in digital signage knows that the flow of investment capital into the market is growing at a fever pitch. It seems that anyone with a decent bank account, or access to one, is starting up a business and putting their proverbial hat into the digital signage ring. Most of the investment news has centered on new product launches and new start-ups or, more recently, acquisitions. I guess some of these new products must have had some sticking power because some traditional players are raising money and ramping up development and sales efforts. Minicom is the latest.
Minicom is an Israeli company that has been around for many years. Their core product category has been in the Audio/Video space and it sounds like digital signage applications have been good to them so far. The company manufacturers equipment that helps to amplify and distribute video signal over CAT5 which greatly increases the viablity of digital signage applications where distances from the player to the screen(s) are greater than 50 feet.
With that solution in hand, as well as several other strong KVM products, Minicom went to Intel Capital and raised $7 Million in Venture Capital. The article from Globes Online does not specify if the investment will focus on digital signage products or the other areas of it's portfolio but I'm guessing the digital signage industry is playing into this move heavily.
