Encoding.com, a startup that provides online video encoding services, has raised $1.25 million in Series A funding. The funding was led by Metamorphic Ventures and included angel investors Patrick Condon, Fred Hamilton, Zelkova Ventures, Dave Morgan, and Allen Morgan. The funds will be used to further sales, marketing, and partnership programs.
Launched in September 2008, Encoding.com provides a cloud-based, video encoding SaaS offering to let users host and encode user-generated and premium video. The company encodes an average of 30,000 videos per day for a variety of well-known media and technology companies including MTV Networks, WebMD, Nokia, and MySpace. To date, Encoding.com has encoded more than four million videos since its launch.