Archive for the ‘internet protocol ip’ tag
Elemental Technologies has raised $13 million to expand its business of creating the infrastructure for delivering video on the web.
Portland, Ore.-based Elemental makes video processing servers that tap the computing power of graphics chips and other processors to convert and deliver video over the web to large numbers of users.
Norwest Venture Partners led the round and joins existing investors General Catalyst, Voyager Capital, and Steamboat Ventures — all of whom participated in the round.
Elemental also appointed Kevin O’Hara as chairman of the board, working with chief executive Sam Blackman (pictured). Internet service providers, content programmers, broadcasters, live event producers, and enterprises are the customers for Elemental’s machines.
“Elemental’s ascendance in the Internet Protocol (IP) video delivery market over the last two years has been well-documented and something we have watched closely,” said Robert Abbott, general partner at Norwest. “When combined with the clear growth trajectory of the over-the-top video and TV Everywhere markets and its deep technology differentiation, we believe now is the right time to invest in Elemental.”
Elemental was founded in 2006. Its customers include Comcast, Disney, Eurosport, and HBO. The company has 70 employees and has raised $29.6 million to date.
Filed under: deals
Chinese Foreign Ministry spokesman Hong Lei said a new U.S. government report on cyber espionage was “unprofessional and irresponsible” today at a press conference in Beijing.
The Foreign Economic and Industrial Espionage Report, which was delivered to Congress yesterday by the Office of the National Counterintelligence Executive (NCIX), stated that China and Russia have been using cyber spying tactics to steal U.S. secrets, including our technology.
Implying that the U.S. had unfairly linked the Chinese government to these attacks, Hong said, “I hope the international community can abandon prejudice and work hard with China to maintain online security.”
NICX said these cyberspying hacks posed an economic as well as a security threat to the United States and linked a string of recent attacks to China, which it called a “persistent collector” of U.S. secrets.
“China’s intelligence services, as well as private companies and other entities, frequently seek to exploit Chinese citizens or persons with family ties to China who can use their insider access to corporate networks to steal trade secrets using removable media devices or email,” stated the NCIX report, which drew on government as well as private sector sources for data.
“Of the seven cases that were adjudicated under the Economic Espionage Act… in fiscal year 2010, six involved a link to China.”
The report went on to note that security specialists in the U.S. had detected and investigated “an onslaught of computer network intrusions originating from Internet Protocol (IP) addresses in China.”
In response to these intimations, Hong stated, “Online attacks are notable for spanning national borders and being anonymous. Identifying the attackers without carrying out a comprehensive investigation and making inferences about the attackers is both unprofessional and irresponsible.”
Some of the attacks specifically named in the report deal with the January 2010 news around hacked Google accounts. During this “highly sophisticated and targeted attack” on Google’s corporate infrastructure, the email accounts of many human rights activists using Gmail service had been breached.
Russia, which was called out in the report for its “extensive, sophisticated operations” in cyber espionage against the U.S., has not yet made a formal response to the accusations.
The entire report is available online in PDF form.
Filed under: security