Digital/Streaming Media News

As Brightcove Prepares To Go Public, Here's What To Keep An Eye On

The Business of Online Video - Mon, 2012-02-06 22:01

Yesterday, Brightcove filed an amended S-1 as the company prepares to have their IPO in the coming months. The company is looking to raise between $50-$60M from their offering and estimates shares will be priced between $10-$12. After IPO expenses and spending approximately $7M to repay an outstanding loan, the company looks to net about $40M in working capital. Depending...

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Limelight Launches Managed CDN Offering For Carriers, Is A Deal With F5 Next?

The Business of Online Video - Mon, 2012-02-06 16:22

This evening, Limelight Networks announced their new managed CDN offering, called Limelight Deploy, aimed at helping telcos, carriers and service providers build and deploy CDN services inside their network. While this is a new product line for Limelight, they aren't new to the carrier space and have already built out networks for Bell Canada, starting in 2009, and Asia's largest...

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Video Optimization Company Conviva Raises $15M: Is There Enough Of A Market For These Services?

The Business of Online Video - Mon, 2012-02-06 06:00

This morning, California based Conviva, a video quality optimization and analytics platform, announced a series D round of funding totaling $15M, lead by Time Warner Investments. Founded in 2006 as Rinera Networks, the company changed their name to Conviva in 2008 shortly before Darren Feher, former CTO of NBC Universal took over as CEO of the company. The company is...

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Transparent Caching & CDN Merging: Juniper Licenses BitGravity's CDN Technology

The Business of Online Video - Sun, 2012-02-05 22:01

A few weeks ago Juniper announced they had licensed BitGravity's CDN technology and plans to add the functionality to their transparent caching Media Flow solution. Terms of the deal were not disclosed, but I hear that there is a revenue sharing component between Juniper and Tata Communications, which owns BitGravity. Juniper does not plan to re-sell any of Tata Communications...

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