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    Friday, December 14, 2007

    Elemental Technologies Raises $1.05M


    Portland, Oregon-based Elemental Technologies said today that it has raised $1.05M in seed funding, for the firm's multicore-accelerated video processing technology. The round came from the Oregon Angel Fund, and also included the Bend Venture Conference and Seattle Alliance of Angels. According to Elemental CEO Sam Blackman, the firm will use the new funding to fund commercialization of the company's video platform.
    posted on Friday, December 14, 2007 (Link to more information)


    Related companies:
    Elemental Technologies

    Related stories:
    > Elemental Technologies Gets Seed Investment
    > Elemental Raises $7.1M
    > Elemental Inks Development Deal with In-Q-Tel
    > Elemental Releases Video Processing Product
    > Ontier Gives Entrepreneurs Foundation Options
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