Good news, everyone! Our friends at Zencoder, who took home the ‘Most Useful’ category prize in 2009 RailsRumble for ZenVDN, just found out that they’ve been accepted to Y-Combinator, the influential seed funding program run by Paul Graham and co.

Over the last few years, Y-Combinator has spawned success stories such as Reddit, Loopt, Xobni, Dropbox, Heroku, and Disqus to name but a few. Keep an eye on these guys, they’re going to do great things. We wish them the best of luck!

Edit: At this point, they’ve now launched.