Posts Tagged ‘Google’

Green Flowing in OV, Ooyala Gets Funding

October 13th, 2009

ooyalaFinally, some good news in the wide world of Online Video. Enterprise video publishing platform, Ooyala has secured another round of funding in a rather hostile VC environment. Coming off a quarter where only 17 of the total US VC firms were able to raise money themselves, Ooyala convinced Rembrandt Ventures as well as their previous investors to pony up a whopping $10MM C-round to be used to further product development and to expand over seas.

The timing couldn’t be better, recent announcements of fire sales, Kit Digital acquired The Feedroom for pennies on the dollar, and business model changes, PermissionTV renames to VisibleGains, suggest that times are tough for OVPs. But Ooyala shines a light on what’s good in our world ensuring that indeed there is still money to be had and business to be done in OV.

Ooyala is coming off of string of announcements including new product lines with Live Streaming, and the hiring of a new high-profile CEO, Jay Fulcher formerly of Agile Software. Let’s hope they can do some good with this injection of cash and further increase the value of the space.

Congrats Ooyala team.

Specialization in Online Video Platforms

October 3rd, 2009

van_2010_logoIn the early days of 2009 I thought this was to be the year of OVP mergers, acquisitions, and shutterings. Turned out only a few shut their doors like Maven Networks killed by Yahoo! only 16 months after being acquired for $160MM, and there were only a couple mergers, Pixelfish took over EyeSpot’s assets for example (end of ’08 to be precise). But the latter half of the year seems to be picking up a bit with the Google/Brightcove rumors, and the Kit-Digital/theFeedroom proposition. So it looks like 2010 is shaping up to be the big year of definition for our beloved OVP space while some providers fail to get further funding, and others swallow lesser competitors.

What will be most interesting about 2010 is how providers differentiate themselves from the pack, and what direction they choose in specialization. The writing is on the wall, there’s a slowing in the sector as a result of overcrowding and a stagnating economy. So where will providers turn, how will they change their game? Analytics, syndication, advertising and monetization? Or will we see even more drastic changes in the form of deep partnerships and unique product offerings?

I don’t know for sure but what I do know is that it’s exciting and I’m happy to be in the middle of it. My guess is there will be some interesting insights from the incredibly intelligent men and women who run these businesses at the Online Video Platform Summit in November. See you there.

Google to Gobble Brightcove?

September 17th, 2009

brightcoveYeah, yeah, you’ve all been reading about it…how one Tweet set off this tidal wave of press regarding the potentially large purchase of Brightcove by Google. An “insider” close to Mark Glaser tipped him off and the Net went wild. And Twitter’s to blame? Dan Rayburn spurns Twitter stating that it’s a “dangerous” tool, but I struggle with that statement asking, what the heck is new here? It’s the Internet, we live in the era of mass communication! Of course rumors fly and gain unsubstantiated, roller coaster-like momentum. It’s not Twitter’s responsibility to weed out the chaff, it’s ours…the writers AND the reader’s.

Before Twitter it was the bloggers who were to “blame” for all the atrocities of the Internet. But readers have come to love and embrace the bloggers of the world with great passion. I spend every morning of my life reading blogs. And look at blowhard Arrington for crying out loud, the man is adored (stretch) and more widely read than most of today’s outlets, traditional or new media.

Back to the point at hand. Is Larry right, are the rumors false? I’m still not convinced. The fact that people close to Brightcove are being told that they, “do not comment on rumors” is a rather bold statement in and of itself. And they’ve been very vocal lately, especially about the Brightcove Partner Alliance. Seems interesting to me that Jerry himself flew out to California to host a Meetup with a handful of partners rather than having them meet in MA where Brightcove is headquartered and where Jeremy lives. They weren’t here for TC50 and decided to make a week of it. So, who were they here to meet with other than partners…Google? Brightcove has over 200 partners in their Alliance whom they say they are very close with and have even go so far as to offer free training to their partners to help them gain traction in reselling or adding value to Brightcove customers. These would be valuable relationships to Google, expanding their reach in new avenues, exposing them to new revenue streams.

I’m an optimist at heart (hahaha) and my gut is telling me that this rumor is not dead yet, and deep down inside I hope it’s true. This would not only be a well-deserved victory for Brightcove but also for the online video platform space in general. Further proof that the economy is coming back, companies are willing to spend again, and online video is worth the investment. IMHO (H is for humble), this might open the doors for what we thought was coming in 2009; buy-outs, mergers and acquisitions, high valuations, etc.

Per my Tweet yesterday, Go Jer, Go!

Peace

Online Video Roundup, OV in the News

August 21st, 2009

com_serv_mark_transMy apologies for the absence of posts over the past week or so, surely it’s not due to the lack of news in our beloved space. We’ve been putting the final touches on VidCompare and launch is imminent (more to come on that subject). Therefore this post will be dedicated to recent activity in the online video space…a roundup if you will:

Ooyala gets at new CEO, Jay Fulcher, and a new Chairman, Fred Warren; Apparently Ooyala is preparing for significant change as they dive deeper into the world of Syndication and Analytics according to now President of Products, Bismarck Lepe. (Contentinople)

Adobe dives into video sharing; Adobe adds video upload, storage, sharing, and playback functionality to Photoshop.com. Is Adobe eye-ing an OV platform play? (TechCrunch)

Brightcove does live streaming with LiveStream; Brightcove partners with LiveStream using their APIs to bring value add to their customers a la live streaming. (ReelSEO)

StreamingMedia does TV; The boys over at StreamingMedia have created SteamingMediaTV launching with two shows, Bandwidth Bastards, and Peer Review. (KlessBlog)

Google buys On2, maybe; Google intends to purchase On2 for $106.5 million whether shareholders like it or not.

And don’t forget to register for the Online Video Platform Summit at StreamingMedia West this year in November. See you there.

Embrace OV!