BrightScale, a venture-backed video processing chip company, has shut down, VentureWire reports.
Investor Bill Frezza, a general partners at Adams Capital Management who sat of BrightScale’s board, did not give a specific reason for the closure. It might simply have been that video processing at the chip level was too hard a task.
BrightScale, founded in 2002, made a programmable media processor for use in set-top boxes and headend encoders. But the “latest news” on the company’s web site is from May 2007. BrightScale had raised at least $6.2 million from investors including Adams Capital and individuals.
“This was a long, hard investment. We just came to the end of our rope,” Frezza told VentureWire.
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