Deal Announcements

Elemental Raises Series C Venture Capital Round

Wednesday, May 09, 2012 5:56:00 AM PDT | VentureDeal Staff

   Portland, Oregon  --  Software technology company Elemental Technologies has received $13 million in third round venture capital financing.

Elemental provides massively parallel processing solutions targeted at the multiscreen content delivery market.

Norwest Venture Partners led the round, which included previous investors Voyager Capital, General Catalyst Partners and Steamboat Ventures.

Specific proceeds purposes were not disclosed.

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