TOP NEWS Gets $2.0M

Denver-based, which provides an online, service for encoding videos, has raised $2M in a new funding round. The round was led by Metamorphic Venturs, and also included angel investors Patrick Condon (Rackspace), John Engates (Rackspace), and Dave Morgan (Simulmedia/TACODA/Real Media). The firm's service allows users to easily transcode videos into popular web and mobile formats. More information »