« Actionality Bought By Yahoo (Updated) | Main | Sweden's EPiServer: A CMS Business Model That The Money Likes »
August 22, 2007
France's Actimagine To Raise Capital - Going International
We reported that Actimagine had raised venture capital last year from GRP Partners, the US venture firm that backed Starbucks, among others. We kept it on our radar ever since.
The four year old Paris-based company develops a software codec or vector graphics-in-a-small footprint technology -- enables users to put DVD quality movies on a mini memory card for mobilephones, running various operating systems, without having to run for the recharger, for example.
In the meantime, it did a deal with Adobe a few months later. Today it said in a statement that sales grew from €1.4M in 2004 to €5.2M last year, and it is now planning a new round of finance.
The startup recently appointed Henri Linde, the Thomson SA executive that built up that company's MP3 licensing business, to head up its US operations.
Read - Erfolg zeichnet sich aus: Video-Codec-Hersteller ACTIMAGINE wächst und gedeiht (pressebox)
View Actimagine
Posted on August 22, 2007 04:23 PM | Posted to Digital imaging | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/5745
