Brightcove
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Brightcove

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    • Entertainment & PublishingTechnologycloud platformscontent managementtelevisionvideo
    Brightcove is the provider of cloud content services that offers a family of products used to publish and distribute the world’s professional digital media. The Company’s 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.
    Revenue(FY, 2017)
    $155.9 M
    Market capitalization(2018-05-15)
    $353.5 M
    Patent Applications (FY, 2017)
    26
    Type
    Public
    HQ
    Boston, US
    Founded
    2004
    Size (employees)
    506 (est)-1%
    Website
    brightcove.com
    Brightcove was founded in 2004 and is headquartered in Boston, US
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    Key People/Management at Brightcove

    Jeff Ray

    Jeff Ray

    Chief Executive Officer
    Kevin Rhodes

    Kevin Rhodes

    EVP & CFO
    Neil Lieberman

    Neil Lieberman

    CMO
    David Plotkin

    David Plotkin

    Chief Legal Officer
    Kash Razzaghi

    Kash Razzaghi

    SVP of Sales, DMBU Americas
    Katie Kulikoski

    Katie Kulikoski

    SVP, Human Resources
    Show more

    Brightcove Office Locations

    Brightcove has offices in London, Seoul, Sydney, Scottsdale and in 6 other locations
    Boston, US (HQ)
    290 Congress St
    New York, US
    180 Madison Ave 6th Floor
    San Francisco, US
    149 9th Street Suite 300
    Scottsdale, US
    1355 N. Scottsdale Road Suite 150 SkySong 4
    Seattle, US
    601 Union Street Suite 1601
    Sydney, AU
    Level 17, 1 Margaret Street
    Show all (10)
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    Brightcove Financials and Metrics

    Brightcove Financials

    Brightcove's revenue was reported to be $155.91 m in FY, 2017 which is a 3.8% increase from the previous period.
    USD

    Revenue (Q1, 2018)

    		41.2 m

    Gross profit (Q1, 2018)

    		24 m

    Gross profit margin (Q1, 2018), %

    		58.2%

    Net income (Q1, 2018)

    		(2.3 m)

    EBIT (Q1, 2018)

    		(2.4 m)

    Market capitalization (15-May-2018)

    		353.5 m

    Closing share price (15-May-2018)

    		10

    Cash (31-Mar-2018)

    		26.4 m
    Brightcove's current market capitalization is $353.5 m.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		125 m134.7 m150.3 m155.9 m

    Revenue growth, %

    		14%8%12%4%

    Cost of goods sold

    		43.7 m46.5 m55.8 m64.6 m

    Gross profit

    		81.3 m88.2 m94.4 m91.3 m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Revenue

    		31.1 m31 m31.5 m32.9 m32.8 m33.8 m36.3 m37 m38.4 m37.6 m38.8 m39.5 m41.2 m

    Cost of goods sold

    		11.3 m10.4 m10.8 m11.6 m11.6 m11.5 m13.3 m13.5 m13.8 m15.2 m16.6 m16.5 m17.2 m

    Gross profit

    		19.8 m20.6 m20.7 m21.3 m21.3 m22.3 m23 m23.5 m24.6 m22.4 m22.2 m23 m24 m

    Gross profit Margin, %

    		64%66%66%65%65%66%63%64%64%59%57%58%58%
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		22.9 m27.6 m36.8 m26.1 m

    Accounts Receivable

    		21.5 m21.2 m21.6 m25.2 m

    Prepaid Expenses

    		3.1 m3.3 m3.7 m4 m

    Current Assets

    		48.8 m53.4 m64.3 m58.4 m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Cash

    		19.8 m20.8 m21.7 m21.9 m21.2 m23.8 m29.3 m30.2 m35.2 m29.2 m28.4 m22.1 m26.4 m

    Accounts Receivable

    		22.1 m19.8 m19.6 m19.4 m19.2 m20.1 m20.7 m18.9 m22.7 m22.4 m23.2 m26.3 m

    Prepaid Expenses

    		5.8 m5.8 m4.8 m5.5 m5.3 m4.7 m4.8 m4.3 m4.2 m5.2 m4.7 m4.2 m

    Current Assets

    		49.5 m46.6 m46.2 m46.8 m45.7 m48.7 m56.3 m54.9 m63.7 m59.8 m59 m55.5 m67.1 m
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		(16.9 m)(7.6 m)(10 m)(19.5 m)

    Depreciation and Amortization

    		8.6 m8.7 m7.8 m7.3 m

    Inventories

    		(13.4 m)680 k(894 k)

    Accounts Payable

    		(2.3 m)1.8 m733 k1.8 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Net Income

    		(2.8 m)(6.5 m)(7.8 m)(1.6 m)(4 m)(5.6 m)(5.1 m)(12.8 m)(18.1 m)(2.3 m)

    Depreciation and Amortization

    		2.4 m4.8 m6.9 m2 m4 m5.9 m1.7 m3.7 m5.6 m1.6 m

    Accounts Payable

    		789 k1.3 m1 m(1 m)881 k(17 k)695 k4 m2 m(128 k)

    Cash From Operating Activities

    		46 k431 k4.2 m3 m5 m7.6 m(6.6 m)(6.7 m)(11.7 m)935 k
    show all
    USDY, 2018

    Financial Leverage

    		1.9 x
    Show all financial metrics

    Brightcove Operating Metrics

    Brightcove's Patent Applications was reported to be 26 in FY, 2017. Brightcove's Backlog was reported to be $106m in FY, 2017.
    FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Average Annual Revenue per Premium Customer

    		$54 k$60 k$66 k$69 k$70.10 k

    Backlog

    		$59 m$68 m$76 m$86 m$106 m

    Patent Applications

    		22 36 37 32 26

    Video Streams per Month

    		963 m1.50 b1.80 b2.70 b3.70 b
    Show all operating metrics

    Brightcove Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    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 K.K.
    Brightcove Korea
    Brightcove Singapore Pte. Ltd.
    Brightcove UK Ltd
    Show more
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    Competitors

    Wistia
    Entertainment & Publishing - Private
    Anvato
    Entertainment & Publishing - Subsidiary
    Livestream
    Entertainment & Publishing - Subsidiary
    Ooyala
    Entertainment & Publishing - Private
    Qumu
    Technology - Public
    Compare competitors

    Brightcove News and Updates

    May 18, 2018

    Video Streaming Media Software Market Growth, Share, Demand and, Research, Sales, Trends, Supply, and Forecast from 2018 to 2022, focusing on Top Key Vendors like Brightcove Inc, Haivision Inc, International Business Machines Corporation, Kaltura Inc, Ooy

    The report also includes a thorough overview of the competitive landscape and regulatory framework of the Global Video Streaming Media Software Market. This will provide readers a clear understanding of the state of competition, threats, major opportunities, and the major rules, regulations, plans, …
    April 26, 2018

    Brightcove's (BCOV) CEO Jeff Ray on Q1 2018 Results - Earnings Call Transcript

    December 14, 2017

    Online Video Platform 2017 Global Key Players – Brightcove, Kaltura, Ooyala (Telstra), thePlatform, Beved, Culture Machine Media Market Analysis And Forecast To 2022

    Wiseguyreports.Com Adds “Online Video Platform – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
    October 16, 2017

    Coping with the Data Overload

    CBR’s Roger Camrass speaks to Simon Watkins, Worldwide Product Marketing Manager, Data Protection, HPE Storage and Calum Roberts, Enterprise Sales Director UK&I, Veeam The post Coping with the Data Overload appeared first on Computer Business Review.
    October 11, 2017

    Higher Education 2.0: Digital Transformation in action

    David Chalmers, HPE’s Chief Technologist talks to CBR about Digital Transformation in action The post Higher Education 2.0: Digital Transformation in action appeared first on Computer Business Review.
    May 22, 2017

    Brightcove Debuts Context Aware Encoding Video Compression Technology

    Brightcove users now have the change to access a beta version of its new Context Aware Encoding video compression technology that is designed to improve video quality.
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