We are very happy to announce several exciting developments that promise to accelerate Brightcove's expansion in Japan.
Brightcove today announced the appointment of technology industry veteran and entrepreneur, Hisashige "Qz" Hashimoto, as general manager for Brightcove KK, our Japanese subsidiary. Mr. Hashimoto will drive overall customer acquisition efforts targeted at Japanese media companies and marketers. Mr. Hashimoto joins Brightcove after two years as president and chief executive officer of Paygent, a mobile escrow service he launched in 2006 and grew to 2,000 customers before leaving in 2008. Prior to Paygent, Mr. Hashimoto worked in several senior management positions for Macromedia KK including Platform Product Marketing and Channel Marketing. Before Macromedia, Mr. Hashimoto spent 14 years with Mitsui & Co., Ltd.
Brightcove also announced today that Brightcove KK has signed its first customer, PRESENTCAST, a Web TV distribution venture backed by Nippon Television, Tokyo Broadcasting System, Fuji Television Network, TV Asahi, TV Tokyo, and Dentsu, among others. PRESENTCAST has selected the Brightcove online video platform for gorin.jp, the exclusive online video portal in Japan for coverage of the 2008 Beijing Olympic Games. gorin.jp is backed by all of Japan's commercial television broadcasters.
Finally, Brightcove officially closed financing for Brightcove's majority-owned subsidiary in Japan (Brightcove KK) on July 18th with $4.9 million investment from Brightcove, Dentsu, Inc., J-Stream, transcosmos, Inc. (transcosmos), and Cyber Communications, Inc. (CCI).
Here's a link to the full press release with more information about today's announcement.