Culture

Short Take: Fantastic gets more financing

The Fantastic Corporation said it has closed a third round of financing valued at $20 million. A number of new investors including Frankfurt-based Fair Invest and Geneva-based Index Ventures join previous investors such as Intel. Intel also participated in the current round of financing. Fantastic offers software for automatically packaging, managing, broadcasting, and viewing TV-quality content over any broadband network to PCs and set-top boxes.

Jan. 2, 2002 4:43 p.m. PT

said it has closed a third round of financing valued at $20 million. A number of new investors including Frankfurt-based Fair Invest and Geneva-based Index Ventures join previous investors such as Intel. Intel also participated in the current round of financing. Fantastic offers software for automatically packaging, managing, broadcasting, and viewing TV-quality content over any broadband network to PCs and set-top boxes.