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As a result of strong relationships decades in the making, InteliVideo closed a $2.6 million round from about 27 investors last week. Of those investors, 19 are Colorado-based.

“Like anything that’s an ‘overnight success’ our relationships were built over 20 years,” founder and CEO Bradley Brown said. “We raised our series A in one week and were oversubscribed (just over $2.5M).”

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So many of these investors jumped on board to support InteliVideo not just because of their relationships with Brown (who previously founded TUSC, which was acquired by IT service company Rolta in 2008), but because of InteliVideo’s traction as an online video company over the past two years.

InteliVideo’s platform helps companies with large DVD libraries transition to streaming and downloadable videos; using InteliVideo, customers can rent, subscribe to or buy videos on any device. Brown said the company has about 30 customers and is projecting about $1 million in revenue this year.

The recent funding round, InteliVideo’s first, will go towards doubling the company’s Denver-based team: “We have 5 here in Colorado now and we’ll go to 10 pretty quickly with some technology (Rails developers, UI/UX, support), some sales, some marketing hires,” Brown said.

The marketing and sales hires will allow for greater customer acquisition so that InteliVideo can become “the leading secure digital delivery platform for small to large businesses.”