Tech Company Financing Transactions

Elemental Technologies Funding Round

Elemental Technologies secured a $7.5 million Series B venture capital round on 7/27/2010. Investors included Steamboat Ventures, General Catalyst Partners and Voyager Capital.

Transaction Overview

Announced On
7/27/2010
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series B
Investors
Proceeds Purpose
Elemental intends to use the capital to expand its business in the United States and internationally as it markets its recently launched Elemental Live and Elemental Server solutions.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
225 SW Broadway 600
Portland, OR 97205
USA
Email Address
Overview
Elemental Technologies, headquartered in Portland, Oregon, is the leading provider of massively parallel processing (MPP) solutions, initially targeting video applications.
Profile
Elemental Technologies LinkedIn Company Profile
Social Media
Elemental Technologies Company Twitter Account
Company News
Elemental Technologies News
Facebook
Elemental Technologies on Facebook
YouTube
Elemental Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Samuel Blackman
  Samuel Blackman LinkedIn Profile  Samuel Blackman Twitter Account  Samuel Blackman News  Samuel Blackman on Facebook
Chief Operating Officer
Lyman Potts
  Lyman Potts LinkedIn Profile  Lyman Potts Twitter Account  Lyman Potts News  Lyman Potts on Facebook
Chief Technical Officer
Jesse Rosenzweig
  Jesse Rosenzweig LinkedIn Profile  Jesse Rosenzweig Twitter Account  Jesse Rosenzweig News  Jesse Rosenzweig on Facebook
Co-Founder
Brian Lewis
  Brian Lewis LinkedIn Profile  Brian Lewis Twitter Account  Brian Lewis News  Brian Lewis on Facebook
VP - Marketing
Keith Wymbs
  Keith Wymbs LinkedIn Profile  Keith Wymbs Twitter Account  Keith Wymbs News  Keith Wymbs on Facebook
VP - Sales
Daniel Marshall
  Daniel Marshall LinkedIn Profile  Daniel Marshall Twitter Account  Daniel Marshall News  Daniel Marshall on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/27/2010: Solera Networks venture capital transaction
Next: 7/27/2010: Workstreamer venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary