$12M Series D for Brightcove

Brightcove, the Cambridge, MA-based online video hosting company, has pulled in a $12 million Series D funding round, led by Accel Partners and General Catalyst Partners, the company confirmed in its corporate blog today. Existing Brightcove investors, including AOL, Hearst, AllianceBernstein, Maverick Capital, and Brookside Capital, participated in the financing round, which will go toward new product rollouts, expansion in Asia and Europe, research and development, and possible mergers and acquisitions. Last week Wade wrote about the company’s plans to expand its offerings to non-Flash devices such as the iPhone and iPad.

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