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Source:TechCrunch

I had a phone call late last week with a semantic startup called Siri that was spun out of SRI International (the birthplace of the computer mouse and the LCD screen, among many other important technologies). Most startups are willing to talk about their products “off the record” but this one wouldn’t divulge much beyond the fact that they’ve raised $8.5 million in Series A funding from Menlo Ventures and Morganthaler.

What we do know is that the company was incorporated in December 2007 with the goal of commercializing aspects of the CALO cognitive learning system, which receives heavy funding ($200 million plus) from the PAL arm of Defense Advanced Research Projects Agency, a supporter of research in a broad range of technologies that could potentially benefit the Department of Defense. Source:TechCrunch

A couple days ago, we posted some leaked screenshots of Brightcove 3, the completely gutted and rebuilt Web video platform from Brightcove that is launching on Tuesday. I was able to catch up with Brightcove CEO Jeremy Allaire, who gave me an update on the company and took me through all the changes in the service.

Brightcove is a Web video publishing platform that has raised $91 million and boasts hundreds of major media brands as its customers, including Dow Jones, Showtime, Time magazine, and the New York Times. TV networks, magazines, newspapers, and music companies all use Brightcove to distribute and manage video on their sites and across the Web. Increasingly, so do big corporations like Sun Microsystems, universities like NYU, and political organizations like the Obama campaign.

Allaire says that, collectively, his customers are distributing Web video at the rate of “several hundred million streams per month,” which would make Brightcove one of the top ten video networks. It would still be well below No. 1 YouTube, which is streaming five billion videos a month, but perhaps within spitting distance of No. 2 Fox Interactive/MySpace (446 million streams) or No. 3 Microsoft (286 million streams).

This entry was posted on Monday, October 13th, 2008 at 11:30 pm and is filed under Brightcove, Company & Product Profiles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.