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Short Take: Encoding.com receives $10 million in financing

Encoding.com, which takes digital content and converts it into formats for streaming or downloading, has earned $10 million in a second round of financing. The funding will be used to support Encoding.com's business growth, including development of additional digital-media applications tied to its encoding systems. The company will also add a consulting services business unit and expand its Seattle headquarters and production operations.

    Encoding.com, which takes digital content and converts it into formats for streaming or downloading, has earned $10 million in a second round of financing. The funding will be used to support Encoding.com's business growth, including development of additional digital-media applications tied to its encoding systems. The company will also add a consulting services business unit and expand its Seattle headquarters and production operations.