News
Elemental Technologies raises $13 million venture round, prepares global marketing push
May 8, 2012 /
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
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Posted in: Oregon Business
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