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Quartics Raises Venture Debt

Quartics Inc., an Irvine, Calif.-based provider of video processing solutions, has raised $7.5 million in venture debt from Hercules Technology Growth Capital. Quartics previously raised around $43.5 million in VC funding since 2000, from firms like VantagePoint Venture Partners, Sorrento Ventures, Focus Ventures, Foundation Capital and Enterprise Partners Venture Capital. www.quartics.com