GE takes stake in Brightcove

Steve Safran September 26th, 2006

Some day we’ll write some bad news about Brightcove. Hasn’t happened yet, though. The latest coup for Jeremy Allaire’s video syndication platform comes in the way of $5 million in credit, led by GE. (The credit comes in exchange for equity.) Brightcove has built up an impressive list of clients, partners and investors in the past year. It’s easy to see why people are confident in Brightcove: Allaire gives an excellent presentation, and the product is very easy to use.

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