RGB Networks Raises $20M More
Sunnyvale-based RGB Networks, which develops video processing hardware, said Monday that it has raised an additional $20M in funding. The round was led by Institutional Venture Partners, and also included prior investors Accel Partners, Comcast Interactive Capital, Kleiner Perkins Caufield & Byers, and Focus Ventures. RGB Networks said that the funding round valued the firm at $200M, up over a $110M valuation in June of 2006. RGB's products are used by cable, telecom, and other video providers to deliver targeted programming and advertising.
posted on Monday, April 14, 2008 (Link to more information)
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