Monday, April 25, 2011

RackSpace Execs Boost Startup Encoding.com

Two executives from San Antonio-based Rackspace have made new investments in a provider of video transcoding services, Encoding.com. According to Encoding.com, it raised $2.0M in a funding round led by Metamorphic Ventures, and which also included Patrick Condon, co-founder of Rackspace and active Angel investor; John Engates, CTO of Rackspace, and angel Dave Morgan. Encoding.com offers up a software-as-a-service (SaaS) product which allows users to transcode their videos into a variety of mobile and web formats. Encoding.com is based in Denver with offices in San Francisco. More information »