Concentric Visions raised an $8.1 million second round of funding, led by Sigma Partners. Other investors included GrandBanks Capital, a new venture firm formed in partnership with Softbank Venture Capital. Concentric Visions has raised a total of $10 million and received an increase in valuation with its latest round. The Boston-based company provides software that allows corporations to build and manage rich media, such as video, audio, Flash and JPEG formats.
Softbank is an investor in CNET Networks, publisher of News.com.
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