News Byte

Video Processor Elemental Technologies Raises $13 Million

Elemental Technologies, a six-year-old start-up that helps companies process and manage Web video, has raised a $13 million C round led by Norwest Venture Partners. Earlier investors General Catalyst, Voyager Capital and Steamboat Ventures, who had put $14.5 million into the company, re-upped. Elemental’s clients include Disney, Comcast and Time Warner’s HBO.

Voices

Newest Video Bet By Disney's Steamboat Ventures Is Elemental

Steamboat Ventures Managing Director Scott Hilleboe admits that investing in video technologies is a bit frenzied these days. “The short-term horizon, it’s like the wild, wild west,” Hilleboe said. “The growth of online video is causing a land grab.”

Voices

Almost Famous: Elemental Technologies' Sam Blackman

This week: We caught up with Sam Blackman, CEO of Elemental Technologies at the San Francisco NewTeeVee Live conference. Elemental Technologies hopes to become a major player in the future of online and over-the-air video through its high-performance encoding technology.
elemental_logo