The Jeff Pulver Blog: Brightcove Raises $59.5M in Private Financing

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January 17, 2007

Brightcove Raises $59.5M in Private Financing

Congrats to Jeremy Allaire and his team for this major strategic financing, raising $59.5M from institutional and strategic investors. It's a big milestone for both Brightcove and the Internet TV industry. His new investors include: AllianceBernstein, Brookside Capital, Maverick Capital, The New York Times Company and Transcosmos. They join existing investors: Accel Partners, Allen & Company LLC, AOL, General Catalyst Partners, The Hearst Corporation, and IAC/InterActiveCorp in the financing.

Looking forward to catching up with Jeremy at Spring 2007 Video on the Net.

Tags: Broadcast 2.0, Jeremy Allaire, Brightcove, VON, Video on the Net, disruptive broadcasting, Jeff Pulver

Posted by jeff on January 17, 2007 09:41 AM | Permalink

Additional resources: #140conf events | Watch the Jeff Pulver Show | Jeff's Qik Videos

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January 17, 2007

Brightcove Raises $59.5M in Private Financing

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