MPEG-4 Startup Gets $10 Million

Modulus Video, a Sunnyvale, CA-based vendor of MPEG-4 AVC video compression systems suitable for delivery of standard and high definition video streams has closed its second round of venture funding for $10 million. The round was led by Thomas Weisel Venture Partners (TWVP), with participation from Trinity Ventures.

Some more details in the release, here

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