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SpecificMedia Raises $5.3M

socalTECH

Irvine-based Specific Media , which operates an Internet advertising network, has issued $5.3M It's unclear if the new equity comes as funding from the firm's investors, or if the new equity might be related to the firm's acquisition earlier in October of Broadband Enterprise (BBE), an online video advertising company.

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Quartics Raises $13.3M

socalTECH

Irvine-based Quartics , the digital media processing chip firm headed by former AST founder Safi Qureshey, has raised $13.3M Details on the new funding have not yet been released by the firm. Quartics is developing chips which provide media co-processing, including encoding and decoding video and other related functions.