Posts for 'Elemental Technologies'

Multi-screen video processing provider Elemental Technologies has raised a Series D round of $14.5 million, led by Telstra, with participation by Sky and existing investors. With the round, Elemental has raised $44 million to date. Funds will be used for product development and to support global growth.

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Elemental Technologies, which has been known for its software encoding solutions, has broadened its product portfolio with the introduction of Elemental Delta, a comprehensive video delivery platform. Elemental Delta is for telco, OTT, broadcast, satellite and mobile operators seeking to deliver time-shifted TV including VOD, start-over TV and nPVR, across multiple devices.

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I'm pleased to share the final 3 video interviews that I did at NABShow 2013 today. Below you will find interviews with Kevin Norris, president and CEO, Brevity, Dustin Encelewski, Director of Product Marketing, Elemental Technologies and Tim Street, VP, Mobile Video, mDialog. All of the interviews are in the final player at bottom.

Enjoy!

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Elemental Technologies, which has developed an innovative GPU-based video processing technology, has raised a $13 million Series C round led by Norwest Venture Partners, to fund international and product expansion. Total financing raised to date is $29.6 million. Elemental's CEO and co-founder Sam Blackman told me yesterday that the company racked up "8-digits" in revenues last year, up from "7-digits" in the two prior years, and has been close to being cash flow positive for the last couple of quarters.

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