Tuesday, June 15, 2010

Elemental Raises $7.1M More

Portland-based Elemental Technologies, which develops video processing products which take advantage of off-the-shelf graphical processing units, has raised $7.15M as part of a $9.0M funding round, according to a regulatory filing by the firm Monday. Details on the funding have not been announced by the firm. The filing indicates five investors participated in the round. Elemental has previously raised funding from Generaly Catalyst Partners, Voyager Capital, the Oregon Angel Fund, The Alliance of Angels, and the The Bend Venture Conference. The funding would bring its total to somewhere around $15.0M in funding. More information »