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Allaire: Brightcove profitable, cash-flow positive

June 25, 2009 — 2:06pm ET | By Pete Wylie

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Brightcove CEO Jeremy Allaire has gone on the record saying the company is profitable and cash flow positive. In an interview with analyst Dan Rayburn, Allaire said the company now has more than 700 premium customers and is on track for 50 percent year-over-year revenue growth. Rayburn estimates Brightcove will bring in about $80 million in revenue for 2009.

Allaire said the company is seeing strong business in Europe and Asia, as well as in government and enterprise here in the United State. Allaire touched on this international expansion and also discussed how his role leading other companies during recessionary times helped him prepare to lead Brightcove during the current recession in an interview with FierceOnlineVideo in January.

For more:
- see Rayburn's interview with Allaire on Dan's blog here