Encoding.com –Provider of studio-class video services for websites got VC funding
By Vineet at February 10, 2010 | 9:52 pm | Print
What Company Is Offering:
Encoding.com is the leading global provider of studio-class video services for websites offering user-generated and premium video, delivering over 4 million encoded videos since 2009.
Why Companies Should Use It:
Encoding.com makes transcoding video into all popular formats easy, cost-effective and instantly scalable for global enterprises and SMBs. As the first and only encoding service offering service level agreements, Encoding.com removes the necessity for its customers to make heavy investments in expensive hardware / software solutions and overhead required to manage high-volume video transcoding needs and backs it with a wait-time service level guarantee.
How Much It Got From VC Funding:
It has got $1.25m Series A round of VC funding which is led by Marc Michel who is Managing Partner of Metamorphic Ventures, he also joined as the Encoding.com Board of Directors. Others who participated in this round were , Patrick Condon, co-founder of Rackspace, Fred Hamilton, Jr., Rackspace investor and former Board Member; early stage VC firm Zelkova Ventures, Dave Morgan, CEO of Simulmedia and founder of TACODA and Real Media; and Allen Morgan, angel investor and venture partner at Mayfield Fund.
VC Details:
Metamorphic Ventures invests in start up and early stage technology companies in digital media and transaction processing. The Metamorphic team has hands-on operating experience, from start up to exit. know more at:http://metamorphic.vc/
VC Details:
Mayfield Fund is a forty year old venture capital firm with over $2.8 billion under management.It have invested in more than 500 companies, taken more than 100 public, and nearly 100 have merged or were acquired. Its key sectors of investment include: consumer, enterprise, energy tech, communication service provider and chips and components. It invest across all stages of a company, from incubation and Series A, through growth and later stages.know more at:http://www.mayfield.com/
VC Details:
Zelkova Ventures is a venture capital firm committed to helping talented entrepreneurs build incredible companies. Primarily it look to invest in early stage companies, many times pre-revenue. In many instances they provide a company’s first outside/institutional capital. It look to take an active role and partner with the companies it invest in. know more at:http://www.zelkovavc.com/
More at:http://www.encoding.com/
