Tech Company Financing Transactions
Elemental Technologies Funding Round
Elemental Technologies secured a $7.5 million Series B venture capital round on 7/27/2010. Investors included Steamboat Ventures, General Catalyst Partners and Voyager Capital.
Transaction Overview
Company Name
Announced On
7/27/2010
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series B
Investors
Proceeds Purpose
Elemental intends to use the capital to expand its business in the United States and internationally as it markets its recently launched Elemental Live and Elemental Server solutions.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
225 SW Broadway 600
Portland, OR 97205
USA
Portland, OR 97205
USA
Phone
Email Address
Overview
Elemental Technologies, headquartered in Portland, Oregon, is the leading provider of massively parallel processing (MPP) solutions, initially targeting video applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Samuel Blackman
Chief Operating Officer
Lyman Potts
Chief Technical Officer
Jesse Rosenzweig
Co-Founder
Brian Lewis
VP - Marketing
Keith Wymbs
VP - Sales
Daniel Marshall
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