Tuesday, January 30, 2007

More Funding for Brightcove

Brightcove Raises $59.5 million!

Brightcove, an online video platform and destination start-up has raised $59.5 million in new funding from strategic and large-scale institutional investors. The new investors include Maverick Capital, Brookside Capital, AllianceBernstein, The New York Times Company and Transcosmos. Existing investors such as Allen & Company, AOL, and Accel Partners participated in this round of financing.

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