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Home Entertainment Networking Software Firm Mediabolic Raises Funds

Authored by Mark Hefflinger on September 20, 2004 - 3:56am.
San Francisco -- Mediabolic, a provider of home entertainment networking technology, announced on Monday that it has closed on an oversubscribed round of venture capital financing for an undisclosed amount. New investor AsiaTech Management led the funding, with participation by the Intel Digital Home Fund and earlier investors Spinnaker Ventures and Aurora Ventures. San Francisco-based Mediabolic offers an embedded software platform that can connect PCs, PC peripherals, and consumer electronics products like DVD players, stereos and televisions. The company will use the funds to further expand global market penetration, application support efforts, and future product development.
tags: VC | Mediabolic | Home Entertainment Networking Software |