Press for Elemental Technologies
Elemental Technologies has raised $7.1 million in a new round of financing that could grow to $9 million when it’s finished.
WITH THE rapid growth of video streaming andIP-based transmission, a bevy of new encodingand transcoding players have entered the broadcasttechnology market in the past few years. One to keepan eye on is Portland, Ore.-based Elemental Technologies,which launched a live streaming product at NAB last monththat may have broader applications than just streaming toa Website.
Elemental Technologies, the leading provider of massively parallel video processing solutions, today announced Elemental Live, a GPU-accelerated, enterprise-class video processing system that provides content distributors with video and audio encoding for live streaming. Ideal for broadcasters, online video platforms and other new media providers, Elemental Live delivers four times the performance of competitive CPU-only solutions at half the price.
Elemental Technologies, the leading provider of massively parallel video processing solutions, today announced the addition of video and broadcast industry veteran Daniel Marshall to its executive team as Vice President of Sales. With more than 25 years experience building and driving sales in the enterprise storage, media and broadcast markets, Marshall brings strong leadership skills to his new role at Elemental Technologies. As Vice President of Sales, Marshall will spearhead development of a global sales team and worldwide sales strategy to drive adoption of Elemental's enterprise-class video encoding products.