Press for Software, Systems and Services

More news from Oregon, as Elemental Technologies, a Portland based leading provider of massively parallel video processing systems, announced yesterday that it has raised $7.5m of Series B financing from Walt Disney venture capital outfit, Steamboat Ventures. Existing venture capital funds General Catalyst and Voyager Capital increased their investments as part of the new financing round.

Elemental Technologies, the leading provider of massively parallel video processing solutions, today announced it has raised $7.5 million in Series B financing. Steamboat Ventures, a venture capital firm affiliated with The Walt Disney Company, joined existing venture funds General Catalyst and Voyager Capital in the financing round.

Black Duck Software, a leading global provider of products and services for accelerating software development through the managed use of open source software, today announced that SAP (NYSE: SAP) has selected to implement the Black Duck™ Suite. The comprehensive suite provides a platform for managing the use of open source software in a multi-source development process. It will help development teams at SAP improve productivity by further automating the company's open source approval processes. SAP is the world's leading provider of business software(*).

In the July 2010 issue of CLO Magazine, the chairman of Brandon Hall Research named OutStart as one of Five Emerging LMSs to Watch. More than just an LMS, OutStart is a complete, integrated learning system that includes a fully-functional LCMS, a comprehensive LMS and a collaborative social software platform. Further, is a SaaS solution that can be implemented in days, unlike most industry solutions which can take weeks to deploy. For more information on OutStart watch the OutStart webinar Creating a One-Stop Learning Environment or request a demo.