Elemental Technologies Obtains New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9ae40af-d085-46eb-b2e3-a00461df0872&Preview=1 - Date
1/25/2011 - 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. Utilizing general purpose, programmable off the shelf graphics processing units (GPUs), the RapiHD Video Platform is ideally suited for a variety of video applications ranging from consumer media processing to professional video editing to Internet video processing. - Website
http://www.elementaltechnologies.com - Transaction Type
Venture Equity - Transaction Amount
Undisclosed - Transaction Round
Undisclosed - Proceeds Purposes
In 2011, we plan to continue the trajectory we’ve established through early customer wins with content providers like ABC, Big Ten Network, CBS Interactive, National Geographic and PBS by extending our business into content distributors. - M&A Terms
- Venture Investor
Citrix Systems
