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Brightcove Closes Series D Funding, Expects IPO By 2011

By Chris Cameron / April 6, 2010 02:00 AM / Comments

Web-video management startup Brightcove announced Monday that it had secured an additional $12 million in venture funding and hopes to make its first public offering as soon as next year. As we reported Monday, the first quarter of 2010 saw a significant rise in IPO and M&A activity for venture-backed companies, and Brightcove seems to preparing itself for one of these options in the next year.

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