Tuesday, April 5, 2011

Marseille Networks Lands $4.5M

Santa Clara-based Marseille Networks, a developer of video processors, said Tuesday that it has raised $4.5M in a Series B funding round. The firm said the investment came from new and current investors. The company's investors include Kumpulan Modal Perdana Sdn Bhd. The firm said it will use the funds to kick off the production process for its line of video upconverters for the BluRay, DVD, AVR, PC, and set-top box markets. More information »