ArcSoft, the US-based software and application developer, secured $20m of funding from corporate venturing unit Intel Capital and Tudor Ventures, the venture capital division of investment firm Tudor Investments, on Monday.

Tudor had previously exited most of its venture investments after the credit crunch struck in mid-2007.

Mooly Eden, vice president of Intel’s PC Client Group, said: "Intel is interested in enabling compelling user experience that utilizes the capabilities of our leading microprocessors. ArcSoft’s suite of multimedia applications enables…

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