Brightcove Heads Into Japan With a Fresh $4.9 Million in Funding

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BrightcoveOnline video host Brightcove is announcing the launch of a new subsidiary today in Japan. Named Brightcove KK, Brightcove will be the majority-owned shareholder in the company along with several other major Japanese media and technology companies. The partners include: Dentsu, Inc., J-Stream, Inc., transcosmos, Inc. and Cyber Communications, Inc. (CCI). These companies along with Brightcove have put $4.9 million in funding into the new Brightcove KK subsidiary.

With Brightcove KK, Japanese media companies and marketers will gain access to the most powerful and scalable software as a service (SaaS) solution available for online video players, distribution, and advertising. Dentsu, Inc. is the largest advertising company in Japan, J-Stream, Inc. is Japan's largest content delivery network (CDN) and CCI is Japan's largest interactive adverting company.

Check out our coverage of Brightcove CEO Jeremy Allaire speaking at MIT.

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Submitted by Sunil on May 22, 2008 - 11:41am.

Japan is a big market for such business and Brighcove was looking this market from many months and now they are able to jump to get something big from this market.

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