Monday, January 10, 2005

Comcast Invests in RGB Networks for Video Processing

RGB Networks, a start-up based in San Mateo, California, raised more than $12 million from strategic investors Comcast Interactive Capital (CIC) and venture capital firm Mitsui & Co. Venture Partners (MCVP), and from existing investors Accel Partners and Kleiner Perkins Caufield & Byers.

RGB Networks is developing networked video processing solutions that would enable cable operators and telcos to create efficient switched digital video networks to effectively manage, scale and deliver advanced services such as Video On Demand. The company's Video Intelligence Architecture leverages Gigabit Ethernet technology.

  • RGB Networks was co-founded by Adam S. Tom, Dr. Edward A. Krause and Dr. Peter A. Monta, all of whom previously worked for Imedia, a pioneer in the development, delivery and processing of compressed digital video. Imedia was acquired by Terayon Communications Systems in 1999.

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