Friday, September 3, 2010

Elemental Targets 3D Streaming

Portland-based Elemental Technologies, the developer of massively parallel video processing technology that its venture backed by Steamboat Ventures, Disney's venture capital arm, as well as General Catalyst, Voyager Capital, and angel investors, said Thursday that it is demonstrating 3D streaming at an upcoming conference. The firm said it is showing off its technology as part of demonstrations with Hewlett Packard and PNY/NVIDIA at the upcoming International Broadcasting Convention. The firm said the demos include a demonstration of its products processing live video streams for 3D display output, eliminating traditional hardware required for the task. Elemental is applying the use of off the shelf, graphical processing units to provide massively parallel trancoding of videos. The firm recently inked a $7.5M funding round for its technology in July.