Intellon has announced that Motorola Ventures has invested in its Series B financing round. Motorola Ventures is affiliated with Motorola, Inc. (NYSE:MOT), which just recently announced that it would use Intellon’s powerline communications chipset to offer a new product that would allow power utilities to enter the broadband communications market, effectively opening up the door for competition with existing network and telecommunications company in the broadband market.

With the announcement, Charlie Harris, CEO at Intellon noted the difficulty in selecting a partner, "Selecting strategic partners for this financing round required significant diligence on our part. As a pioneer and innovator in communications, Motorola is a natural fit, given our mutual objectives. We are pleased to have them as an investor in our company."

Referring to the power utility broadband market, Matthew I. Growney, managing director of Motorola Ventures said, "Motorola remains committed to developing and delivering next generation technologies like Broadband over PowerLine (BPL) for its customers. Intellon's HomePlug(R) chip portfolio will provide Motorola with many different connectivity solutions for within the home and to the home applications."

Intellon for this year plans to introduce even more advanced technology to further speed broadband communications over power lines throughout the home and office with the introduction of its HomePlug AV 200 Mbps chipset, the INT6000. So far Intellon reports that it has sold two million of its powerline communications HomePlug chips sold, Intellon holds the dominant market share of the rapidly growing HomePlug market.