Dyyno is one of 70 companies chosen by VentureBeat to launch at the DEMO Fall 2010 event taking place this week in Silicon Valley. After our selection, the companies pay a fee to present. Our coverage of them remains objective.

Live-streaming events and sharing videos could get a whole lot easier – not to mention more profitable — with Dyyno, a company that is presenting today at DEMO.

With Dyyno, high-quality videos on par with that of Blu-Ray can be streamed for a tenth to a fiftieth of the cost of traditional methods. The service can easily accommodate an increase in viewers as your video goes viral – and the company says it can capture just about anything  you throw at it.

Through Dyyno’s website or the popular Justin.tv live-streaming service, users can easily create video – whether it’s a capture of your World of Warcraft game, a high-resolution movie, or live video of a ping-pong match or tech conference. Dynno then uses its HyReS streaming and distribution system to broadcast the video, which  can be watched from multiple platforms – desktop, smart phone – and easily shared on Facebook and other sites.

The service then analyzes viewer metrics. It’s also integrated with Google, PayPal and SpotXchange so you can easily monetize your video through ads or by offering subscriptions.

Dyyno has raised $8 million in a first round of financing, and is backed by Artiman Ventures and Startup Capital Ventures.

Dyyno uses technology licensed from Stanford University. The company was founded three years ago, and has 20 employees.

http://c.brightcove.com/services/viewer/federated_f8/980795693

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