Elemental Technologies Obtains $13,000,000 Series C Financing Round

  • Feed Type
  • Date
    5/8/2012
  • Company Name
    Elemental Technologies
  • Mailing Address
    620 SW Fifth Ave. Portland, OR 97204
  • Company Description
    Elemental Technologies, headquartered in Portland, Oregon, is the leading provider of massively parallel processing (MPP) solutions, initially targeting video applications.
  • Website
    http://www.elementaltechnologies.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The new funding comes as Elemental invests aggressively to extend its leadership in the multiscreen content delivery market.
  • M&A Terms
  • Venture Investor
    Norwest Venture Partners
  • Venture Investor
    Voyager Capital
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Steamboat Ventures

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