Modulus Adds $10M to Coffers
By Matt Stump
published Modulus Video Inc. has raised $10 million in a series-B funding round led by Thomas Weisel Venture Partners, with participation from Trinity Ventures.
Modulus is building next-generation encoding equipment built around the MPEG-4 (Moving Picture Expert Group) standard. MPEG-4 reduces the bandwidth needs of service providers using that format.
Multichannel Newsletter
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
More about multichannel news