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Brightcove named Technology Pioneer

December 4, 2008 — 11:34am ET | By Pete Wylie

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Brightcove, the Cambridge-Mass.-based video platform company, was named a 2009 Technology Pioneer by the World Economic Forum. Brightcove was the only online video company among the 34 recipients of the award. As part of the award, CEO Jeremy Alliere has been invited to participate in the 2009 World Economic Forum Annual Meeting in Davos-Klosters, Switzerland.

"It is a great honor for Brightcove to be named a 2009 Technology Pioneer by the World Economic Forum," Allaire said in a prepared statement. "Being recognized as an innovator on a global scale is a true testament to the strength of our business and vision for transforming how media companies, businesses, educational institutions, and civic organizations communicate through video on the Web."

Brightcove approaches the close of 2008 in a strong position, as it quickly approaches profitability and continues to attract big name customers. The launch of its Brightcove 3 video platform and its announcement of diversified pricing packages show a commitment to innovation that the award recognizes.

Brightcove was selected from a pool of 320 applicants, who were vetted extensively by the World Economic Forum's committee of technology and economic experts. The selection criteria for the award require the winner to be involved in the development of significant technology innovation, to have the potential for long-term impact on business and society, and demonstrable visionary leadership and sustainable market leadership via proven technology.

For more:
- see the World Economic Forum press release here