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Article: Applied Science Fiction Issues $55 Million in Series E Funding.

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Business Wire
Article date:
April 18, 2001
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Business & Technology Editors

AUSTIN, Texas--(BUSINESS WIRE)--April 18, 2001

Rho Ventures Leads Recent Round of Venture Capital Funding to Help

Fuel Accelerated Development of New Digital Imaging Technologies

Applied Science Fiction (ASF(TM)), creator of the award-winning Digital ICE(TM) technology, the leader of automatic photo restoration technology and the inventor of the cutting-edge digital dry film processing (Digital PIC(TM)), announced today that it has issued $55 million in Series E Preferred Stock.

Rho Ventures led the financing with additional investors, including IBM, Star Ventures, TIAA-CREF and Lago Ventures. ...

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