Steamboat Ventures Backs Elemental Technologies
JULY 27, 2010
Los Angeles-based Steamboat Ventures , the venture capital arm of the Walt Disney Company, has backed a firm developing massively parallel video processing technology, Elemental Technologies. According to Elemental, which is based in Portland, Steamboat was a new investor in its $7.5M, Series B funding round. Steamboat's Scott Hilleboe joins Elemental's board as part of the funding.