Elemental Technologies Obtains $13,000,000 Series C Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d817d036-1218-4a63-9816-2aea15846f5d&Preview=1 -
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
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Venture Investor
Norwest Venture Partners -
Venture Investor
Voyager Capital -
Venture Investor
General Catalyst Partners -
Venture Investor
Steamboat Ventures
