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.
TypePublic
Founded2004
HQBoston, US
Websitebrightcove.com
Employee Ratings4
Culture scoreD+

Latest Updates

Employees (est.) (Dec 2019)610(+3%)
Job Openings18
Revenue (FY, 2019)$184.5 M(+12%)
Share Price (May 2020)$8

Key People/Management at Brightcove

Robert Noreck

Robert Noreck

EVP & Chief Financial Officer
Sara Larsen

Sara Larsen

Chief Marketing Officer
Charles Chu

Charles Chu

Chief Product Officer
Rick Hanson

Rick Hanson

Chief Revenue Officer
David Plotkin

David Plotkin

Chief Legal Officer
Denise Grimley

Denise Grimley

Chief Customer Experience Officer
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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
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Brightcove Financials and Metrics

Brightcove Revenue

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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
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

150.3m155.9m164.8m184.5m

Revenue growth, %

12%4%6%

Cost of goods sold

55.8m64.6m66.6m75.5m

Gross profit

94.4m91.3m98.2m109.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

37.6m38.8m39.5m41.2m41.7m41.1m41.8m47.6m47.4m46.7m

Cost of goods sold

15.2m16.6m16.5m17.2m16.6m16.3m16.7m21.6m18.3m18.6m

Gross profit

22.4m22.2m23.0m24.0m25.0m24.8m25.1m26.0m29.1m28.0m

Gross profit Margin, %

59%57%58%58%60%60%60%55%61%60%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

36.8m26.1m29.3m22.8m

Accounts Receivable

21.6m25.2m23.3m31.2m

Prepaid Expenses

3.7m4.0m4.9m5.2m

Current Assets

64.3m58.4m64.5m65.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

29.2m28.4m22.1m26.4m27.5m26.9m28.9m21.2m22.6m32.1m

Accounts Receivable

22.4m23.2m26.3m27.4m25.9m24.0m25.2m33.6m31.5m27.3m

Prepaid Expenses

5.2m4.7m4.2m5.3m5.6m4.5m5.9m6.4m5.7m7.6m

Current Assets

59.8m59.0m55.5m67.1m66.4m62.8m67.1m69.5m66.6m74.3m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(10.0m)(19.5m)(14.0m)(21.9m)

Depreciation and Amortization

7.8m7.3m6.8m8.4m

Accounts Payable

733.0k1.8m1.2m1.7m

Cash From Operating Activities

11.1m(6.4m)2.6m2.7m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 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

1.7m3.7m5.6m1.6m3.4m5.2m1.7m3.9m6.2m2.4m

Accounts Payable

695.0k4.0m2.0m(128.0k)924.0k(1.3m)715.0k58.0k2.6m2.4m

Cash From Operating Activities

(6.6m)(6.7m)(11.7m)935.0k254.0k(234.0k)263.0k(3.9m)629.0k2.4m
USDY, 2020

EV/EBIT

-43.5 x

EV/CFO

125.7 x

Financial Leverage

2.6 x
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Brightcove Operating Metrics

Brightcove's Customers was reported to be 3.8 k in FY, 2018.
FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Customers

6.32 k5.77 k5.05 k4.57 k4.17 k3.78 k

Countries

70 75 75 75 70 80

Patents Issued

15 31 38 44 52 53

Patent Applications

22 36 37 32 26 21
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Brightcove Acquisitions / Subsidiaries

Company NameDateDeal Size
OoyalaFebruary 13, 2019$15 m
Unicorn MediaJanuary 31, 2014
ZencoderJuly 26, 2012$30 m
MetaStoriesMarch 20, 2006
Brightcove Australia Pty Ltd
Brightcove FZ-LLC
Brightcove Holdings, Inc.
Brightcove India Pte. Ltd.
Brightcove K.K.
Brightcove Korea
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Brightcove Revenue Breakdown

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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

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Brightcove Company Culture

  • Overall Culture

    D+

    61/100

  • CEO Rating

    F

    51/100

  • Compensation

    B

    74/100

  • Diversity

    D

    55/100

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Brightcove News and Updates

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…

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…

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…

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

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

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
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Brightcove Blogs

‘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…

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…

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 …

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…

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…

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…
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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.