Elemental Technologies has raised $13 million to expand internationally, but the cool story behind this company is that it is selling its GPU-transcoding servers to everyone from HBO Go to Comcast. This makes Elemental an arms dealer in the war over the future of TV. Read more »
Mobile data traffic is set to explode, driven by more smartphones and tablets and the incredible growth of video traversing mobile networks. But a new video format is on its way, which could deliver the same high-quality video in half as many bits. Read more »
Research firm In-Stat estimates transcoding vendor revenues will top $460 million by 2015, driven by an increase in the number of devices through which consumers can watch video, as well as an increased number of traditional TV programmers making their videos available online. Read more »
Amazon is looking to add a new cloud encoding service to its web services portfolio. While creating the new encoding service would fit neatly into its AWS plans, it could also potentially displace some customers who rely on its infrastructure for their own cloud encoding services. Read more »
Video processing startup Elemental Technologies has pulled in a $7.5 million Series B round of financing led by Walt Disney venture arm Steamboat Ventures. Also participating in the round were existing investors General Catalyst and Voyager Capital. Steamboat managing director Scott Hilleboe also joined Elemental’s board. Read more »
At the NewTeeVee Live conference in San Francisco yesterday, I interviewed Sam Blackman, co-founder and CEO of Elemental Technologies, about trends on computing and storage costs. Elemental makes software that takes advantage of graphics processors to provide super fast transcoding, which is the process by which […] Read more »
Elemental Technologies — aka the smart young startup in Portland that makes video processing better by doing it in parallel — is beta-releasing a video encoding and transcoding server. In the last year, Elemental has put GPUs (graphics processing units) to work on the non-graphics jobs […] Read more »
