OverviewSuggest Edit
Brightcove is a provider of cloud content services that offers a family of products used to publish and distribute professional digital media. Its products include Video Cloud, an online video platform, App Cloud, a content app platform, and Zencoder, a cloud-based media processing service and HTML5 video player technology, provider. Brightcove cloud content services allow to build and operate media experiences across PCs, smartphones, tablets, and connected TVs.
| Type | Public | |
| Founded | 2004 | |
| HQ | Boston, US | Map |
| Website | brightcove.com | |
| Employee Ratings | More | |
| Culture score | D+ | More |
Key People/Management at Brightcove
Robert Noreck
EVP & Chief Financial Officer
Sara Larsen
Chief Marketing Officer
Charles Chu
Chief Product Officer
Rick Hanson
Chief Revenue Officer
David Plotkin
Chief Legal Officer
Denise Grimley
Chief Customer Experience Officer
Brightcove Office Locations
Brightcove has offices in Boston, New York, San Francisco, Scottsdale and in 8 other locations
Boston, US (HQ)
290 Congress St
New York, US
980 6th Ave
San Francisco, US
149 9th St #300, San Francisco
Scottsdale, US
1355 N Scottsdale Rd
Seattle, US
Two Union Square, 601 Union St #1601
Sydney, AU
Level 17, 1 Margaret Street
Brightcove Financials and Metrics
Brightcove Revenue
Brightcove's revenue was reported to be $184.46 m in FY, 2019
| USD | |
|---|---|
Revenue (Q1, 2020) | 46.7m |
Gross profit (Q1, 2020) | 28.0m |
Gross profit margin (Q1, 2020), % | 60% |
Net income (Q1, 2020) | (7.9m) |
EBIT (Q1, 2020) | (7.1m) |
Market capitalization (29-May-2020) | 313.0m |
Closing stock price (29-May-2020) | 8.0 |
Cash (31-Mar-2020) | 32.1m |
EV | 306.7m |
Brightcove's current market capitalization is $313 m.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 37.6m | 38.8m | 39.5m | 41.2m | 41.7m | 41.1m | 41.8m | 47.6m | 47.4m | 46.7m |
Cost of goods sold | 15.2m | 16.6m | 16.5m | 17.2m | 16.6m | 16.3m | 16.7m | 21.6m | 18.3m | 18.6m |
Gross profit | 22.4m | 22.2m | 23.0m | 24.0m | 25.0m | 24.8m | 25.1m | 26.0m | 29.1m | 28.0m |
Gross profit Margin, % | 59% | 57% | 58% | 58% | 60% | 60% | 60% | 55% | 61% | 60% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 29.2m | 28.4m | 22.1m | 26.4m | 27.5m | 26.9m | 28.9m | 21.2m | 22.6m | 32.1m |
Accounts Receivable | 22.4m | 23.2m | 26.3m | 27.4m | 25.9m | 24.0m | 25.2m | 33.6m | 31.5m | 27.3m |
Prepaid Expenses | 5.2m | 4.7m | 4.2m | 5.3m | 5.6m | 4.5m | 5.9m | 6.4m | 5.7m | 7.6m |
Current Assets | 59.8m | 59.0m | 55.5m | 67.1m | 66.4m | 62.8m | 67.1m | 69.5m | 66.6m | 74.3m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (5.1m) | (12.8m) | (18.1m) | (2.3m) | (7.9m) | (11.4m) | (5.0m) | (12.2m) | (15.2m) | (7.9m) |
Depreciation and Amortization | 1.7m | 3.7m | 5.6m | 1.6m | 3.4m | 5.2m | 1.7m | 3.9m | 6.2m | 2.4m |
Accounts Payable | 695.0k | 4.0m | 2.0m | (128.0k) | 924.0k | (1.3m) | 715.0k | 58.0k | 2.6m | 2.4m |
Cash From Operating Activities | (6.6m) | (6.7m) | (11.7m) | 935.0k | 254.0k | (234.0k) | 263.0k | (3.9m) | 629.0k | 2.4m |
| USD | Y, 2020 |
|---|---|
EV/EBIT | -43.5 x |
EV/CFO | 125.7 x |
Financial Leverage | 2.6 x |
Brightcove Operating Metrics
Brightcove's Customers was reported to be 3.8 k in FY, 2018.
Brightcove Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Ooyala | February 13, 2019 | $15 m |
| Unicorn Media | January 31, 2014 | |
| Zencoder | July 26, 2012 | $30 m |
| MetaStories | March 20, 2006 | |
| Brightcove Australia Pty Ltd | ||
| Brightcove FZ-LLC | ||
| Brightcove Holdings, Inc. | ||
| Brightcove India Pte. Ltd. | ||
| Brightcove K.K. | ||
| Brightcove Korea |
Brightcove Revenue Breakdown
Brightcove revenue breakdown by business segment: 8.4% from Professional Services and Other and 91.6% from Subscription and Support
Brightcove revenue breakdown by geographic segment: 15.6% from Asia Pacific, 13.3% from Japan, 16.8% from Europe, 53.9% from North America and 0.3% from Other
Brightcove Online and Social Media Presence
15.82k Twitter followers
Brightcove has 15.82k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 0.2% quarter over quarter
Brightcove's Trends
Twitter Engagement Stats for @brightcove
12.1k
Tweets
1.7k
Following
15.8k
Followers
51
Tweets last 30 days
1.4
Avg. likes per Tweet
60.8%
Tweets with engagement
Brightcove Company Culture
Overall Culture
D+
61/100
CEO Rating
F
51/100
Compensation
B
74/100
Diversity
D
55/100
Brightcove News and Updates
February 19, 2020
Brightcove shares dive on another quarterly loss
Brightcove Inc. shares were down 8.7% in after-hours trading Wednesday after the software company reported fourth-quarter results that were shy of Wall Street estimates. Brightcove reported a net loss of $6.7 million, or 17 cents a share, in the quarter, compared with a net loss of $2.6 million, or…
July 11, 2019
Shilpa Shetty Wellness Video On Demand Service Powered By Brightcove
Mumbai, India, 11 July, 2019 – Brightcove (NASDAQ: BCOV), the leading provider of cloud services for video, today announced that SSK Osmosis, a joint venture by Shilpa Shetty Kundra and Digiosmosis, has selected the Brightcove video platform to stream fitness videos on demand in the Shilpa Shetty ap…
June 24, 2019
HOOQ Streams Live and On-Demand Video Content on Brightcove Video Platform
Singapore - June 24, 2019 - Brightcove (NASDAQ: BCOV), the leading provider of cloud services for video, today announced that HOOQ, Asia’s leading OTT service, has selected the Brightcove Video Platform as the underlying streaming solution to power its live and video-on-demand service to subscribers…
March 18, 2019
Billy ORiordan Joins Brightcove as Senior Vice President, International Sales
Based in London, O’Riordan will lead the sales organizations in Australia, Southeast Asia, and EMEA, reporting to the Chief Revenue Officer.read more
February 06, 2019
Video Live Streaming Solution Global Market 2019-2024: Brightcove, Haivision, IBM, Ooyala, Kaltura
Wiseguyreports.Com Publish New Market Research Report On -“Video Live Streaming Solution Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2024” Posted via Industry Today. Follow us on Twitter @IndustryToday
December 12, 2018
Digital Media Production Software Global Market 2018-2025: Acquia, Apple, CSG, Brightcove, DNN
Wiseguyreports.Com Publish New Market Research Report On -“Digital Media Production Software Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday
Brightcove Blogs
May 14, 2020
‘Unapologetically’ Making History with Revry TV
What happens when you take a highly creative, unique, and resilient group of people and give them a stage to truly celebrate and share their authentic selves? For niche streaming services like Revry TV®, you get a chance to cultivate a diverse community of liberated storytellers.
As the world beco…
May 12, 2020
Frost & Sullivan names Brightcove the Global Leader in Online Video
True leaders are individuals who know the way, show the way, and go the way, and at Brightcove, we take those words to heart. Ensuring that everything we do and accomplish is on behalf of our customers. We’re proud and honored to be recognized for our position as a true industry leader and to be nam…
May 04, 2020
Shooting Videos At Home - Tips & Tricks To Be More Professional
Whether you permanently work from home or not, being able to shoot a decent video has become a core skill set required for just about everyone wanting to communicate effectively. The fact is that as we become more global, we need to capture, show, demonstrate, and communicate, and video is a great …
April 22, 2020
Consumers Don't Think Brands Should Stop Advertising During the Pandemic
Brands are pulling or pausing their ad spending as the COVID-19 crisis puts a strain on their businesses, but new research shows that consumers may not want them to stop advertising altogether.
A March 2020 survey by GlobalWebIndex asked internet users in 13 markets whether brands should continue a…
April 13, 2020
Architecture Reviews at Brightcove
We believe in continuous improvement at Brightcove. That applies to more than just ourselves and our software: it also applies to our processes. Recently, a group of us got together to talk about how our architecture review process was working for us and decided to give it a refresh. We want an arch…
April 09, 2020
Q4 Video Index: Smartphones play key role in video distribution, especially as 5G deploys
Next-gen 5G wireless networks are just starting to light up around the globe, promising beefier video streaming capabilities like greater speed and more robust reliability. The deployments can’t come fast enough, as share and time spent with over-the-top content continues to grow, especially in emer…
Brightcove Frequently Asked Questions
When was Brightcove founded?
Brightcove was founded in 2004.
Who are Brightcove key executives?
Brightcove's key executives are Robert Noreck, Sara Larsen and Charles Chu.
How many employees does Brightcove have?
Brightcove has 610 employees.
What is Brightcove revenue?
Latest Brightcove annual revenue is $184.5 m.
What is Brightcove revenue per employee?
Latest Brightcove revenue per employee is $302.4 k.
Who are Brightcove competitors?
Competitors of Brightcove include Livestream, Ooyala and Qumu.
Where is Brightcove headquarters?
Brightcove headquarters is located at 290 Congress St, Boston.
Where are Brightcove offices?
Brightcove has offices in Boston, New York, San Francisco, Scottsdale and in 8 other locations.
How many offices does Brightcove have?
Brightcove has 13 offices.
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