VCs Add $10M to Imagine Communications

4/21/10

Digital video developer Imagine Communications, a five-year-old startup based in San Diego with R&D operations in Israel, says it has raised $10 million in a Series C round of venture funding from Columbia Capital, Carmel Ventures, and Court Square Ventures—all existing investors. The company, which has now raised more than $34 million, says the new funding will be used to expand its support of customers that are multiple system operators and accelerate its commercial deployment for the MPEG-4 digital video technology standard.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @

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