Aug 24, 2011 11:48 AM
Brightcove doesn’t expect to make a profit until the end of 2012, but is moving in to a huge new office and planning to buy new companies. Its success, however, seems to depend on the diversification it announced back in May and on cutting growing costs.
Posted In: Money, IPO, brightcove
Aug 24, 2011 8:22 AM
Despite tremendous volatility in world financial markets, online video software provider Brightcove has decided to press ahead with a $50 million IPO. In the SEC filing, the company said it had nearly doubled its revenues last year, though it had a $17.8 million net loss, which is not likely to…
Posted In: Money, IPO, Social Media, Video, Technologies / Formats, brightcove
Oct 18, 2010 2:05 PM
Online video platform Brightcove, which said publicly in April that it might go public next year, has now hired a new CFO, likely to lead the effort. The new CFO, Christopher Menard, previously was CFO at clinical trial software firm Phase Forward, which went public under his watch in 2004.…
Posted In: Money, IPO, Social Media, Video, brightcove, christopher menard
Apr 5, 2010 5:50 PM
Online video platform company Brightcove has raised $12 million in a fourth round of funding—and is now talking about going public as soon as next year. CEO Jeremy Allaire (pictured) told us this fall that his company—which has now been profitable for nearly a year—did not need to raise additional…
Posted In: Money, IPO, M&A & Venture Capital, Venture Capital, Social Media, Video, accel partners, brightcove, general catalyst partners
Jan 5, 2010 12:01 AM
Online video platform company Brightcove is giving a serious indication that it will stay independent for a while: it is hiring its current board member and former EVP and GM of Adobe’s enterprise software division David Mendels as its new president and COO. Mendels will responsible for Brightcove’s international expansion…
Posted In: Social Media, Video, brightcove
Sep 16, 2009 1:33 PM
So the rumor is, after Mark Glaser tweeted about a tip he got. The price, he says, is around $500 million to $700 million. This comes after Brightcove CEO Jeremy Allaire has been on a PR tour, meeting journalists (including our own Tameka Kee last week), telling us that the…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Google, YouTube, brightcove
Sep 7, 2009 11:44 PM
Hulu is still keeping its content away from Boxee, but that hasn’t stopped Boxee from adding new, premium content partners. The latest is Brightcove; the online video company sealed a distribution deal with Boxee that will give its clients like *TheStreet.com* more opportunities to get people watching their web videos…
Posted In: Media & Publishing, TV, Social Media, Video, Technologies / Formats, boxee, brightcove
Jul 12, 2009 11:15 PM
While Fox, along with its partners *Disney* and *NBC*, continues to try to broker content and ad sales deals so that Hulu can get going in the U.K., the network is already making inroads in online video overseas with its Latin American VOD property, Mundo Fox.
Posted In: Technologies / Formats, Broadband, Companies, Hulu, News Corp., Fox, brightcove
Apr 7, 2009 10:45 PM
Here’s one area that newspapers apparently are not cutting back on: Online video. Brightcove, which provides a popular platform for media companies looking to put video on the web, says that on average its newspaper customers in the U.S. uploaded 638 videos a month last year, up from 186 videos…
Posted In: Media & Publishing, Newspapers, brightcove
May 22, 2008 1:06 AM
Brightcove, the online video services company which has been quiet for some time now, has launched a new Japanese company Brightcove KK in which it owns a majority. The funding was led by Dentsu, J-Stream, previous investor Transcosmos, and Cyber Communications, with money pitched in by Brightcove as well, for…
Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Video, Technologies / Formats, Broadband, Countries, Asia, Japan, brightcove, dentsu, transcosmos
Dec 14, 2007 8:31 AM
Brightcove, the online video service provider, has seen its share of ups and down in its short three year history since it launched. It has raised about $80 million since it was founded in 2004, and expectations have been high since the start (Barry Diller is an investor and on…
Posted In: Technologies / Formats, Broadband, brightcove, jeremy allaire
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