Elemental Technologies Lands $14,500,000 Series D Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7c4af29-02d6-49c0-8bbb-f9de669800b1
Date
12/22/2014
Company Name
Elemental Technologies
Mailing Address
225 SW Broadway Portland, OR 97205 USA
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
$14,500,000
Transaction Round
Series D
Proceeds Purposes
Elemental will use the funds to accelerate worldwide growth and expand its suite of software-defined video (SDV) solutions to support the whole of the IP video delivery chain.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor