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BtoB

Brightcove prepping for IPO

Published on .

Cambridge, Mass.—Brightcove Inc., which markets the Video Cloud online video platform, has filed documents with the Securities and Exchange Commission for an initial public offering. In its Form S-1 filing, the company said its revenue in the first half of this year totaled $28.4 million, up from $20.3 million in the year-earlier period. Brightcove said its consolidated net loss for the first half of this year totaled $9.7 million, compared with $8.6 million in the year-earlier period.
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