Elemental Technologies Pulls In $7.5 Million in Financing

Jul 29, 2010

Elemental Technologies, a provider of massively parallel video processing solutions, raised $7.5 million in a round of Series B financing that featured participation from several investors, including Steamboat Ventures, General Catalyst, and Voyager Capital.

According to Elemental, the company intends to use the capital to expand its business in the United States and internationally. The company also plans to continue marketing its recently launched Elemental Live and Elemental Servers platforms.