Imagine Communications, a San Diego, CA-based developer of advanced digital video solutions, completed a $10m round of expansion financing.
This round brings the total venture capital investment in the company to more than $34m.
All previous and existing investors participated, including Court Square Ventures, Columbia Capital and Carmel Ventures.
The new financing will be used to expand support to customers, as well as accelerate the commercial deployment of the company’s innovative solutions for MPEG-4 encoding and transcoding.
Imagine Communications’s solutions enable content providers and system operators to deliver bandwidth-intensive services with optimum video quality. Imagine’s products serve the digital broadcast markets as well as the emerging applications.
The company has R&D facilities in Israel.