CEO and Co-founder Bismarck Lepe says "We think we can have up to 300,000 customers today." It was a bad news week for online video businesses with Maven Networks and Joost, but it’s not all doom and gloom and when you look at the financials of nine of the leading companies, as Will Richmond pointed out, they have collectively raised $64M in funding in Q2 '09 and a total of $219M has been raised by 26 companies over the last three consecutive quarters. Other good news reported by Dan Rayburn is that Brightcove profitable and cash flow positive. Dan says, "While this is a big deal for Brightcove, it's an even bigger deal for the industry and is validation that companies in this market can in fact create scalable, profitable businesses." Techcrunch also noted, Joost, Meet ...   [ Read more ]