Elemental Technologies raises $13 million venture round, prepares global marketing push

Elemental Technologies is building a war chest.

The Portland startup, which makes video encoding software that enables broadcasters to stream their material online, plans to announce today that it’s raised $13 million in additional venture capital.

It’s the company’s third funding round, led by Norwest Venture Partners and joined by Elemental’s prior backers.

By Mike Rogoway, The Oregonian

Full Story: http://www.oregonlive.com/silicon-forest/index.ssf/2012/05/elemental_technologies_raises.html