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March 21, 2005
Brightcove Secures $5.5M in Funding
Jeremy and Joseph Allaire sold their first company to Macromedia. Joseph Allaire now runs Onfolio Inc., a Cambridge firm whose software allows people to post information to Web logs and e-mail newsletters. As for Jeremy:
Brightcove Inc. closed $5.5 million in January, becoming the latest Boston-area company to launch a business for delivering video over the Internet.
Jeremy Allaire incorporated the Cambridge company last August under the name Video Marketplace. Cambridge-based General Catalyst Partners LLC and Accel Partners of California are backing Brightcove.
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Posted on March 21, 2005 11:16 AM by onfoli179.
Filed in Firefox under onfolio.
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