Company
Webcasting software plays an increasingly strategic role in the way companies carry out their enterprise video communications internally and externally.
Qumu, the leader in Enterprise Video Communications, enables organizations to easily capture, manage and distribute live and on-demand video webcasts with Qumu appliances, hosted solutions and enterprise video communications software. The company's web services based software solution seamlessly manages all video applications, and leverages existing video, storage and distribution hardware and software infrastructure. Customers worldwide, including AT&T, Abbott Labs, Capital One, Citigroup, Dell, eBay and others are experiencing the value of the company’s patented solutions.
Company History and Evolution in Video Webcasting Software
In Native American mythology the 'Bear' is an important figure, and 'Qumu' is the 'Firepower Within' that gives him his great strength. Similarly, video plays an increasingly critical role in how enterprises effectively communicate, and Qumu provides the core software solution that enables firms to easily capture, manage, publish, distribute, live and on-demand video content.
Qumu was founded by former executives of Inktomi who acquired the Media technology from Inktomi prior to their acquisition by Yahoo! Inc. Yahoo! retains a minority equity interest in the company. The team was quick to realize the potential of enterprise video communications and seized on the opportunity to further develop the application solution.
… the use of rich media will gradually ramp up by 2008 - it is the dominant content type for collaboration, training and corporate communication…
