Raleigh-based Inlet Technologies (www.inlethd.com), a developer of video encoding technology, has raised $3 million in new funding from existing investors including Technology Venture Partners, Telecommunications Development Fund and Capitol Broadcasting Corp. Inlet has developed video technology which allows scaling from mobile video to HD, for applications including video-on-demand; real-time streaming; and digital archiving. Customers include HDNet, Akimbo, CinemaNow and Microsoft Studios. The company will use the funds to expand its marketing and sales efforts.
Inlet Technologies is a CED member.
Capitol Broadcasting Corp. is a CED member.