Brightcove reports 41% revenue spike, buys Zencoder

The Boston-based video platform supplier reported $21.6 million in revenue for its second quarter as a public company, while losses narrowed by 38 percent to $4.3 million. Brightcove also announced the $30 million purchase of cloud-based video encoding company Zencoder.

Whatever happened to Brightcove’s China ambitions?

Brightcove used to have significant staff in China, and was looking to expand in the country as late as March 2010 – but left China head over heels later that year. What’s left is Brightcove’s staff, now working for a local competitor, and the question: What happened?

Brightcove IPOs, stock closes up 30%

Brightcove’s stock fared well on its IPO day, with shares trading at $14.30, which is 30 percent above the issue price of $11. Brightcove raised a total of $55 million with its IPO, issuing a total of 5 million shares.

Brightcove’s IPO: What you need to know

Brightcove just reiterated its desire to go public with an amended SEC filing. The company could raise as much as $59 million as it sells 5 million shares, but its filing also reveals that making money with online video is really, really hard.

The new new commerce

The new breed of e-commerce sites offers consumers ways to socialize and be entertained. But as Rags Gupta of Brightcove points out, these new new commerce sites are taking advantage of old principles. Their innovation comes from introducing them online.

Brightcove launches cloud-based mobile app platform

Brightcove isn’t just about video distribution anymore. It’s providing a new, cloud-based approach to creating mobile apps for iOS and Android devices. The new App Cloud product could provide a helpful new revenue stream, just as Brightcove is preparing for an IPO.