Comprimato Raises €1M in Funding

Comprimato, a Brno, Czech Republic-based provider of JPEG2000 GPU-based compression solutions, raised €1m in funding.

Backers included existing investors Credo Ventures and Y Soft Venture Capital.

The company intends to use the funds to expand both sales as well as the technology.

Founded by Jiri Matela, CEO, as a spin off from Prague-based research institute CESNET, Comprimato provides its compression solution to the digital cinema market and secured numerous clients including Digimetrics or Stanford University. It is also in negotiation with major global players in various fields including military and health applications.



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