Brightcove, the Cambridge, MA-based online video hosting company, has pulled in a $12 million Series D funding round, led by Accel Partners and General Catalyst Partners, the company confirmed in its corporate blog today. Existing Brightcove investors, including AOL, Hearst, AllianceBernstein, Maverick Capital, and Brookside Capital, participated in the financing round, which will go toward new product rollouts, expansion in Asia and Europe, research and development, and possible mergers and acquisitions. Last week Wade wrote about the company’s plans to expand its offerings to non-Flash devices such as the iPhone and iPad.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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