BATH (WiMAX Day). Chipset designer picoChip announced that it has received a strategic investment from Samsung. The UK-based company did not disclose the sum of the investment, but noted that it is part of the US$27 million series D that picoChip began in July 2007, which was led Highland Capital Partners.  The series D has brought the total funding for picoChip to $70.5 million.

In a press release today, Guillaume d’Eyssautier, president and CEO of picoChip, said “Samsung is a world leader in wireless infrastructure, and it is a testament to picoChip’s prominence as a silicon vendor for this market that Samsung has chosen to invest in us….The new round of funding reaffirms our leadership in multi-core DSP for advanced wireless markets with our WiMAX, HSPA and femtocell products.”

The picoChip investment was made by Samsung Ventures America, a US$300 million fund.