VCs Add $10M to Imagine Communications

Digital video developer Imagine Communications, a five-year-old startup based in San Diego with R&D operations in Israel, says it has raised $10 million in a Series C round of venture funding from Columbia Capital, Carmel Ventures, and Court Square Ventures—all existing investors. The company, which has now raised more than $34 million, says the new funding will be used to expand its support of customers that are multiple system operators and accelerate its commercial deployment for the MPEG-4 digital video technology standard.

Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow

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