Overview

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Status
Acquired by on February 19, 2010
Total Equity Funding
$6.24M in 2 Rounds from 3 Investors
Headquarters:
Clifton Park, NY
Description:
On2 Technologies offers power video codec solutions for wireless IC designs.
Founders:
Categories:
Internet, Content, SaaS, Software, Video
Website:
http://www.on2.com

Company Details

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On2 Technologies Finland Oy offers power video codec solutions for wireless IC designs. It develops technology for enabling multimedia in battery operated mobile handsets. The company's portfolio includes hardware and software video codecs, and audio and still image codecs; and mobile TV, camcorder, and player/streamer application solutions. It offers professional services, such as architecture consulting, customization services, integration services, on-site and telephone support, and maintenance and upgrade services. The company serves semiconductor and device manufacturers in the North American, EMEA, and APAC markets. It has strategic partnerships with Access, ARM, Coding Technologies, EXPWAY, Freescale Semiconductor, Inc., OCP, RealNetworks, Silicon & Software Systems, Symbian, Texas Instruments, and Thomson. The company was founded as Hantro Products Oy in 1985 and changed its name to On2 Technologies Finland Oy in November 2007 following the acquisition by On2 Technologies Inc. The company is based in Oulu, Finland with additional offices in Espoo, Finland; Munich, Germany; Tokyo, Japan; Taipei, Taiwan; Kyunggido, Korea; and San Jose, California. As of November 1, 2007, On2 Technologies Finland Oy operates as a subsidiary of On2 Technologies Inc.

Funding Rounds (2) - $6.24M

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DateAmount / RoundValuationLead InvestorInvestors
Jan, 2005$5.24M / Series C2
Jul, 2001$1M / Undisclosed1

Investors (3)

Acquisitions (1)

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DateAcquiredAmount
May 21, 2007$58.4M in Cash & Stock

Current Team (3)

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Board Members and Advisors (1)

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Products (1)

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  • On November 15, 2010, Flix Cloud finished merging into Zencoder and was shut down. Zencoder is the team behind the original Flix Cloud

Competitors (2)

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  • Encoding.com provides cloud media transcoding software to accelerate processing and optimize display on any device.
  • HD Cloud is a video technology service provider that enables publishers to carry out automated video encoding and transcoding.

Offices/Locations (2)

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  • Zencoder offices

    50 9th Avenue South

    Hopkins, MN 55343

    USA

  • On2 offices

    3 Corporate Drive

    Suite 100

    Clifton Park, NY 12065

    USA

Past Team (9)

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Images (1)

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