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Modulus Video closes deal with Trinity Ventures

Modulus Video has closed an $8.5 million Series A financing led by Trinity Ventures. Joining the Modulus board of directors from Trinity Ventures are Gus Tai, general partner, and Alex Osadzinski, venture partner.

The company also appointed Robert L. Wilson as CEO and chairman. Wilson has extensive experience in the broadcast industry including management positions at Pinnacle Systems, Accom and Grass Valley.

Modulus Video is developing a family of HD and SD digital video solutions for broadcast television based on AVC video compression systems.

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