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.

Head to head: Amazon cloud beats Google on video benchmark

Benchmarking results from Zencoder show that Amazon Web Services beats out Google’s Compute Engine in a test of a specific CPU-intensive workload. Compute Engine’s performance was hindered by a lack of HPC instances, which Google could one day add. But it’s nice to see real-world comparisons. adds universal URLs to its cloud encoding platform

A year after launch, has decided to bring its universal URL service in-house. The cloud encoding vendor will make, which was originally rolled out as a standalone service, part of its offering to enterprise customers, which will bolster its overall product offering.

iPads, connected TVs lead to explosion in encoding

Research firm In-Stat estimates transcoding vendor revenues will top $460 million by 2015, driven by an increase in the number of devices through which consumers can watch video, as well as an increased number of traditional TV programmers making their videos available online. Raises $2M in New Funding

Straight on the heels of introducing a new feature that could cut cloud-based encoding time in half, has raised a Series B round of financing worth $2 million. The funding comes just a week after competitor Zencoder also raised a $2 million funding round. Claims Cloud Transcoding in Half the Time is introducing a new, faster way for its customers to process files into as many formats as they need. Its “Instant Encoding” feature cuts the time it takes to transcode large files in half, giving it an edge against other cloud encoding firms.

Updated: Zencoder Raises $2M for Video Encoding in the Cloud

Startup video-encoding service Zencoder has raised $2 million for its cloud-based service that lets users get their videos ready for presentation and delivery via web or mobile apps. Investors in this round include firms such as Andreessen-Horowitz and Ignition Partners, and several prominent individuals.

Zencoder Excited About Open Source VP8

Cloud encoding service provider Zencoder wants to support VP8 as soon as absolutely possible, and the company is excited about Google’s plans to open source the video codec at this week’s Google i/O developer conference in San Francisco. However, don’t count H.264 out just yet.

New Y Combinator Video Startups: Zencoder, Embedster, NowMov, Embedly

OK, so let’s just get this one thing out of the way. There are startups named both “Embedster” and “Embedly” in the current batch of Y Combinator companies, which gave demos this week for investors and press after participating in the Mountain View, Calif.-based startup incubator program for the last three months.

Embarrassingly similar names aside, here are quick blurbs on the four video-related companies out of 26 that presented, both Embedster and Embedly among them.

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