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Brightcove Heads Into Japan With a Fresh $4.9 Million in Funding
May 22nd, 2008 at 9:35 amSource:CenterNetworks
Online video host Brightcove is announcing the launch of a new subsidiary today in Japan. Named Brightcove KK, Brightcove will be the majority-owned shareholder in the company along with several other major Japanese media and technology companies. The partners include: Dentsu, Inc., J-Stream, Inc., transcosmos, Inc. and Cyber Communications, Inc. (CCI). These companies along with Brightcove have put $4.9 million in funding into the new Brightcove KK subsidiary.
With Brightcove KK, Japanese media companies and marketers will gain access to the most powerful and scalable software as a service (SaaS) solution available for online video players, distribution, and advertising. Dentsu, Inc. is the largest advertising company in Japan, J-Stream, Inc. is Japan’s largest content delivery network (CDN) and CCI is Japan’s largest interactive adverting company.
Check out our coverage of Brightcove CEO Jeremy Allaire speaking at MIT.
