10.299.2005 - DivX Closes $17 Million Round of Funding From Insight Venture Partners
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San Diego, CA—October 26, 2005—DivX, Inc., the digital entertainment company that created the popular DivX media format, today announced a $17 million investment from Insight Venture Partners, a leading venture capital firm focused on the global software and Internet services industry. The company also announced that Jerry Murdock, Managing Director of Insight Venture Partners, has joined the DivX Board of Directors.
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