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RGB Networks Primed to Expand Product Family and Global Footprint Following Series C Funding; Focus Ventures Leads RGB's Third Round, Joining Accel Partners, Comcast Interactive Capital, and Kleiner Perkins Caufield & Byers.

SAN MATEO, CA, Jun 21, 2006 (MARKET WIRE via COMTEX) -- RGB Networks, the leader in network video processing, today announced it has closed its Series C round of funding totaling $20 million, resulting in a company valuation of $110 million -- a 150% increase from the previous valuation 18 months ago. The funding was led by new investor Focus Ventures, a Silicon Valley-based firm that provides expansion stage venture capital for leading software, communications, and semiconductor companies. Previous RGB investors Accel Partners, Comcast Interactive Capital, Kleiner Perkins Caufield & Byers, and Mitsui & Company Venture Partners all pro-rated in this latest round, maintaining their level of investment.

"RGB Networks embodies the ideal investment for Focus," said Steve Bird, general partner of Focus Ventures. …

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