AAA Zencoder reaches funding nirvana

Zencoder reaches funding nirvana

Zencoder, a US-based encoder of videos which search engine Google has on its website a portfolio company, has raised $2m.

Venture capital firms Andreessen Horowitz and Ignition Partners were joined in Zencoder’s round by angels Matt Cutts (the head of Google’s Webspam team), James Lindenbaum (co-founder of Heroku, acquired by Salesforce), Orion Henry (Heroku co-founder), Adam Wiggins (Heroku co-founder), Wolfgang Buehler (president of Magor Mold), Mike Bollinger (founder of several startups), and Neil McClements (CEO of Merchenta).

The company said its other investors included Chris Sacca from Lowercase Capital, Dave McClure from 500 Startups, Ron Conway from SV Angel, Founder’s Collective, Steven Grimm, Ash Patel, Robert and Ryan Weber, and Justin Yoshimura.

Zencoder launched in May of 2010 after participating in the Y Combinator start-up accelerator and after partnering in 2008 with On2 Technologies to build Flix Cloud, a cloud-based video transcoding service.

Google bought On2 in 2010 and shut down Flix Cloud in November that year.

Leave a comment

Your email address will not be published. Required fields are marked *