Elemental Technologies, the Portland, OR-based video processing startup, has raised $7.1 million in equity financing out of a round that could be worth $9 million over time, according to a regulatory filing. Greg profiled the company back in April, when it unveiled a real-time video encoding system to enable broadcasters, media companies, and cable networks to stream live video to any type of device across any network.
Author: Luke Timmerman
Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.
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