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.