Tech Company Financing Transactions
Inlet Technologies Funding Round
Inlet Technologies, based in Raleigh, received $4.4 million from CapitalSouth Partners, Core Capital Partners and TDF Telecommunications Development Fund.
Transaction Overview
Company Name
Announced On
8/23/2006
Transaction Type
Venture Equity
Amount
$4,400,000
Round
Series B
Investors
Proceeds Purpose
Raleigh-based Inlet Technologies plans to use the funding to finance additional hires and to extend its marketing and sales efforts, according to Inlet spokeswoman Amy Needham.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
1121 Situs Court 330
Raleigh, NC 27606
USA
Raleigh, NC 27606
USA
Phone
Website
Email Address
Overview
Inlet is a world leader in the field of advanced encoding solutions for professional video. Through its breakthrough technology, Inlet enables content creators, post production houses, service providers and broadcasters to efficiently and cost-effectively channel digital media from the creation stage to the commercial delivery stage, for greater ROI.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Neal Page
Chief Technical Officer
Scott Labrozzi
President
Neil Selvin
VP - Bus. Development
John Bishop
VP - Finance
Todd Ackman
VP - Manufacturing
Randy Budzinski
VP - Sales
Michael Barros
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