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