About Brightcove
Brightcove is a company based in Boston (United States) founded in 2004 was acquired by Bending Spoons in November 2024.. Brightcove has raised $103.1 million across 6 funding rounds from investors including Bending Spoons, Accel and AOL. The company has 34 employees as of March 23, 2024. Brightcove has completed 4 acquisitions, including Ooyala, Unicorn Arts and WicketLabs. Brightcove operates in a competitive market with competitors including TVU Networks, Broadpeak, Synamedia, Future Today and RGB Networks, among others.
- Headquarter Boston, United States
- Employees 34 as on 23 Mar, 2024
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Brightcove India Private Limited
- Date of Incorporation 20 Sep, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.25 M (USD)1845.72as on Mar 31, 2020
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Net Profit
$105.35 K (USD)2722.29as on Mar 31, 2020
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EBITDA
$143.98 K (USD)2815.2as on Mar 31, 2020
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Total Equity Funding
$103.1 M (USD)
in 6 rounds
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Latest Funding Round
$12 M (USD), Series C
Apr 05, 2010
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Investors
Bending Spoons
& 14 more
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Employee Count
34
as on Mar 23, 2024
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Investments & Acquisitions
Ooyala
& 3 more
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Acquired by
Bending Spoons
(Nov 25, 2024)
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Funding Insights of Brightcove
Brightcove has successfully raised a total of $103.1M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $12 million completed in April 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $12.0M
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First Round
First Round
(01 Mar 2005)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2010 | Amount | Series C - Brightcove | Valuation | Accel , General Catalyst |
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| May, 2008 | Amount | Series C - Brightcove | Valuation |
investors |
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| Jan, 2007 | Amount | Series C - Brightcove | Valuation | AllianceBernstein |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Brightcove
Brightcove has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Bending Spoons, Accel and AOL. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Brightcove
Brightcove has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Ooyala, Unicorn Arts and WicketLabs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Audience insights platform is operated for OTT industry by WicketLabs.
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2016 | ||||
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Video content management and analytics are delivered via cloud platform.
|
2007 | ||||
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Cloud-based ad insertion and video stitching service
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Brightcove
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Brightcove Comparisons
Competitors of Brightcove
Brightcove operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TVU Networks, Broadpeak, Synamedia, Future Today and RGB Networks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
IP-based video solutions for live media production workflows are provided.
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| domain | founded_year | HQ Location |
Video streaming solutions for content delivery and monetization are provided.
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| domain | founded_year | HQ Location |
Video distribution solutions are delivered through a cloud-based platform.
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| domain | founded_year | HQ Location |
Video distribution solutions provider
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| domain | founded_year | HQ Location |
Multi-screen IP video delivery and monetization solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Brightcove
Frequently Asked Questions about Brightcove
When was Brightcove founded?
Brightcove was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is Brightcove located?
Brightcove is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Brightcove?
Marc DeBevoise is the current CEO of Brightcove.
Is Brightcove a funded company?
Brightcove is a funded company, having raised a total of $103.1M across 6 funding rounds to date. The company's 1st funding round was a Series C of $59.5M, raised on Mar 01, 2005.
How many employees does Brightcove have?
As of Mar 23, 2024, the latest employee count at Brightcove is 34.
What is the annual revenue of Brightcove?
Annual revenue of Brightcove is $1.25M as on Mar 31, 2020.
What does Brightcove do?
Provider of video hosting and streaming platform solutions for businesses. It offers tools for marketing, communications, and media applications. Stand-alone products include audience insights and an AI content suite. Services encompass custom solutions, ad monetization, and a marketplace. Industry solutions are available for retail, financial services, and technology companies. Solutions are also segmented by role, such as for livestreamers, developers, and sales teams.
Who are the top competitors of Brightcove?
Brightcove's top competitors include TVU Networks, Future Today and Broadpeak.
How many acquisitions has Brightcove made?
Brightcove has made 4 acquisitions, including Ooyala, Unicorn Arts, and WicketLabs.
Who are Brightcove's investors?
Brightcove has 15 investors. Key investors include Bending Spoons, Accel, AOL, Hearst, and AllianceBernstein.
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