Brightcove (Acquisition)

Funding Details
Awarder
Inbox
Date Award
November 25, 2024
Vertical
Media and Entertainment
Funding URL
View Funding Page
Funding Amount:
$233,000,000

Company Info
Founding Year
2004
Traction
Brightcove's recent earnings revealed revenues were down 2% year-over-year, with net losses widening by 22%. The company has seen its market cap fluctuate, hitting an all-time low of $72 million earlier this year.
Organizations Involved
Marriott Hotels, Ford, Johnson & Johnson
Company Description
Brightcove is a cloud platform that helps businesses manage and monetize video content, developing tools and services for creating, hosting, streaming, marketing, and monetizing video content.
Market
Enterprise SaaS
Location
Boston, Massachusetts, USA

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