Inlet Technologies raises $10M more for video encoding
Inlet Technologies, which offers multi-format video encoding technology, has raised $10 million in a third round of funding. The funding comes from Core Capital Partners, Technology Venture Partners, Telecommunications Development Fund and the Capitol Broadcasting Company.
The Raleigh, N.C.-based startup has raised $20.5 million total. Its technology has powered applications for Major League Baseball Advanced Media, Microsoft and others, and its customer base has grown 400 percnet in the last year.
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Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.











