OverviewSuggest Edit

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. ... Show more
TypePublic
Founded2004
HQBoston, US
Websitebrightcove.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Feb 2019)495
Job Openings35
Revenue (FY, 2017)$155.9 M(+4%)
Share Price (Feb 2019)$8.6 (-1%)

Key People/Management at Brightcove

Jeff Ray

Jeff Ray

CEO
Robert Noreck

Robert Noreck

EVP, CFO
Sara Larsen

Sara Larsen

CMO
Charles Chu

Charles Chu

Chief Product Officer
Neil Lieberman

Neil Lieberman

CMO
David Plotkin

David Plotkin

Chief Legal Officer
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Brightcove Office Locations

Brightcove has offices in Boston, Scottsdale, San Francisco, New York 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
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Brightcove Financials and Metrics

Brightcove Revenue

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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 (Q3, 2018)

41.1m

Gross profit (Q3, 2018)

24.8m

Gross profit margin (Q3, 2018), %

60.3%

Net income (Q3, 2018)

(3.5m)

EBIT (Q3, 2018)

(3.1m)

Market capitalization (13-Feb-2019)

313.0m

Closing stock price (13-Feb-2019)

8.6

Cash (30-Sep-2018)

26.9m
Brightcove's current market capitalization is $313 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

109.9m125.0m134.7m150.3m155.9m

Revenue growth, %

25%14%8%12%4%

Cost of goods sold

36.8m43.7m46.5m55.8m64.6m

Gross profit

73.1m81.3m88.2m94.4m91.3m
Quarterly
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

22.9m27.6m36.8m26.1m

Accounts Receivable

21.5m21.2m21.6m25.2m

Prepaid Expenses

3.1m3.3m3.7m4.0m

Current Assets

48.8m53.4m64.3m58.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

30.1m19.8m20.8m21.7m21.9m21.2m23.8m29.3m30.2m35.2m29.2m28.4m22.1m26.4m27.5m26.9m

Accounts Receivable

22.1m19.8m19.6m19.4m19.2m20.1m20.7m18.9m22.7m22.4m23.2m26.3m27.4m

Prepaid Expenses

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

Current Assets

59.6m49.5m46.6m46.2m46.8m45.7m48.7m56.3m54.9m63.7m59.8m59.0m55.5m67.1m66.4m62.8m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(16.9m)(7.6m)(10.0m)(19.5m)

Depreciation and Amortization

8.6m8.7m7.8m7.3m

Inventories

(13.4m)680.0k(894.0k)

Accounts Payable

(2.3m)1.8m733.0k1.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(9.0m)(4.8m)(9.2m)(13.0m)(2.8m)(6.5m)(7.8m)(1.6m)(4.0m)(5.6m)(5.1m)(12.8m)(18.1m)(2.3m)(7.9m)(11.4m)

Depreciation and Amortization

4.6m1.8m4.0m6.1m2.4m4.8m6.9m2.0m4.0m5.9m1.7m3.7m5.6m1.6m3.4m5.2m

Accounts Payable

902.0k(1.8m)(3.2m)(3.1m)789.0k1.3m1.0m(1.0m)881.0k(17.0k)695.0k4.0m2.0m(128.0k)924.0k(1.3m)

Cash From Operating Activities

4.8m(4.9m)(4.2m)(1.6m)46.0k431.0k4.2m3.0m5.0m7.6m(6.6m)(6.7m)(11.7m)935.0k254.0k(234.0k)
USDY, 2018

Financial Leverage

1.9 x
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Brightcove Operating Metrics

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 Monthly

963 m1.50 b1.80 b2.70 b3.70 b
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Brightcove Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Unicorn MediaJanuary 31, 2014
ZencoderJuly 26, 2012$30 m
MetaStoriesMarch 20, 2006
Brightcove Australia Pty Ltd
Brightcove FZ-LLC
Brightcove Holdings, Inc.
Brightcove K.K.
Brightcove Korea
Brightcove Singapore Pte. Ltd.
Brightcove UK Ltd
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Brightcove Revenue Breakdown

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Brightcove revenue breakdown by geographic segment: 14.5% from Asia Pacific, 10.8% from Japan, 15.7% from Europe, 58.6% from North America and 0.5% from Other

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Brightcove Online and Social Media Presence

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Brightcove News and Updates

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

Video Live Streaming Solution 2018 Global Market Key Players – Brightcove, Inc. Haivision, Inc., IBM Corporation, Kaltura, Inc., Kollective Technology, Inc., Ooyala, Inc., Panopto, Polycom, Inc – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Video Live Streaming Solution Market Size, Status and Forecast 2018-2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Online Video Platform Market Rising Demand for Digitization in Organizations and Growth till 2025 | Top Companies are Akamai Technologies, Alphabet, Comcast Corporation, Brightcove Frame.IO, Limelight Networks and Kaltura

The Insight Partners Published of the “Global Online Video Platform Market Research Report 2018” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Posted via Industry Today. Follow us on Twitter @IndustryToday

Live Video Streaming Softwares Global Market 2018 Top Key Players – DivX ,Haivision, IBM ,Microsoft, Kaltura ,Brightcove and Forecast to 2025

Wiseguyreports.Com Added New Market Research Report On -“Global Live Video Streaming Softwares Market 2018 Top Key Players, Production , Growth and Future Demand Forecast to 2025 ”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Online Video Platform 2018 Global Market Key Players – Brightcove, Ooyala (Telstra), Piksel, thePlatform (Comcast Technology Solutions), IBM Cloud Video, Kaltura -Analysis And Forecast To 2025

Online Video Platform – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday
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Brightcove Blogs

5 lessons marketers can learn from romantic comedies

Think romantic comedies are just mindless fluff? Think again—it turns out they’re chock full of lessons that you can apply to your video marketing strategy. Grab a bucket of popcorn and keep reading to find out how your next trip to the movies could jumpstart your work. Lesson 1: Follow the formula…

The top 5 marketing events to attend in 2019

Industry conferences and events offer an amazing opportunity to network with your peers and learn more about the latest innovations in your space. Of course, there are a wide variety of exciting, engaging marketing events to attend throughout the year. Not sure which conferences you should prioriti…

Announcing support for Amazon Creator for Fire TV

As video consumption on connected TVs increases YOY, we continue to strengthen our partnerships with the leading connected TV platforms in order to bring Brightcove customers the latest, most innovative solutions for reaching and growing their audience on the big screen. We’re excited to announce ou…

How to incorporate video into the customer journey

Leading demand gen marketers recognize that their job doesn’t end once a prospect signs on the dotted line. It’s crucial to the marketer’s and the organization’s success to continue nurturing that customer’s relationship with the brand’s product and/or services. One engaging way to nurture that re…

OTT churn: Everything you need to know

With any new OTT service—and even among the OTT behemoths that have been around the block a few times—the focus is often on acquiring new users. But what then? It doesn’t matter how many new users you acquire if they churn after their free trial. We spoke with Jason Wong, Product Director SVOD at Cl…

Video advertising best practices

Today’s video advertising space is growing rapidly, offering a variety of exciting opportunities for publishers. In fact, according to eMarketer, the US digital video advertising industry will increase by double-digit percentages annually between 2018 and 2021—eventually topping $22 billion. Intere…
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Brightcove Company Life and Culture

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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 Jeff Ray, Robert Noreck and Sara Larsen.

  • How many employees does Brightcove have?

    Brightcove has 495 employees.

  • What is Brightcove revenue?

    Latest Brightcove annual revenue is $155.9 m.

  • What is Brightcove revenue per employee?

    Latest Brightcove revenue per employee is $315 k.

  • Who are Brightcove competitors?

    Competitors of Brightcove include Qumu, Ooyala and Livestream.

  • Where is Brightcove headquarters?

    Brightcove headquarters is located at 290 Congress St, Boston.

  • Where are Brightcove offices?

    Brightcove has offices in Boston, Scottsdale, San Francisco, New York and in 6 other locations.

  • How many offices does Brightcove have?

    Brightcove has 10 offices.