Brightcove Receives $12,000,000 Series D Financing

  • Feed Type
  • Date
    4/5/2010
  • Company Name
    Brightcove
  • Mailing Address
    One Cambridge Center Cambridge, MA 02142
  • Company Description
    Brightcove is an Internet TV service. We’re dedicated to harnessing the inherent power of the Internet to transform the distribution and consumption of media.
  • Website
    http://www.brightcove.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    Jim Breyer tells the WSJ that his firm approached Brightcove about the possibility of providing more cash, which will be used to expand Brightcove’s infrastructure and also for expansion in Asia and Europe.
  • M&A Terms
  • Venture Investor
    Accel Partners
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Hearst Interactive Media
  • Venture Investor
    Maverick Capital
  • Venture Investor
    Brookside Capital