Wistia Inc.
| File:Wistia logo.svg | |
| Private | |
| ISIN | 🆔 |
| Industry | Software, SaaS |
| Founded 📆 | June 6, 2006[1][2] |
| Founders 👔 | Chris Savage, Brendan Schwartz |
| Headquarters 🏙️ | , , United States |
Area served 🗺️ | Worldwide |
| Products 📟 | Wistia, Soapbox |
| Services | video hosting, video recording |
| Members | |
Number of employees | 112 (2020)[3] |
| 🌐 Website | wistia |
| 📇 Address | |
| 📞 telephone | |
Wistia Inc. is a video-software company located in Cambridge, Massachusetts.[4] Wistia provides video-hosting services for businesses.[5]
History[edit]
Wistia was founded in 2006 by Brendan Schwartz and Chris Savage.[6] The two founders met at Brown University, where Chris was a film student and Brendan was a computer engineering major.[7] Wistia's first client was a medical devices company.[7][8]
Funding[edit]
In 2018, Wistia raised $17 million[9][10] worth of debt financing from Accel-KKR, a technology-focused private-equity firm.[6]
Wistia also raised $200,000 in debt in 2009.[11] Previously, the company raised $1.4 million in two rounds from angel investors, in 2008 and 2010.[6] Angel investors include Renesys CEO Ashton Peery.[12]
In 2018, Wistia reported annual revenue of $32M.[9]
Awards and recognition[edit]
In 2018, G2 Crowd named Wistia one of the 25 best companies in Boston.[13] In 2017, it was named one of the top company cultures in America by Entrepreneur magazine.[14]
References[edit]
- ↑ https://wistia.com/about
- ↑ https://www.crunchbase.com/organization/wistia#section-overview
- ↑ "Wistia Company Profile". Craft. Retrieved March 4, 2020.
- ↑ Ditch the Venture Model, Say Founders Who Buy Out Early Investors to Make a Clear Break. The Wall Street Journal. Accessed 2018-10-02.
- ↑ "Company Overview of Wistia, Inc". Bloomberg. Bloomberg LP. Retrieved 2018-10-03.
- ↑ 6.0 6.1 6.2 Cite error: Invalid
<ref>tag; no text was provided for refs namedCrunchbase - ↑ 7.0 7.1 Sal Daher (9 May 2018). "Wistia's Remarkable Culture". Angel Invest Boston (Podcast). Angel Invest Boston. Retrieved 3 October 2018.
- ↑ Cruz, Victor. "Online Video Sharing and Collaboration Speeds Up Medical Device Development". ECN Magazine. Retrieved 17 October 2018.
- ↑ 9.0 9.1 Geron, Tomio (2018-07-17). "Ditch the Venture Model, Say Founders Who Buy Out Early Investors to Make a Clear Break". The Wall Street Journal. Retrieved 2018-10-03.
- ↑ O'Brien, Kelly J. (2018-07-18). "Video startup Wistia to buy out investors with $17M in debt". Boston Business Journal. Retrieved 2018-10-03.
- ↑ Notice of Exempt Offering of Securities, item 06 Acc-no:0001473673-10-000001 (Report). United States Securities and Exchange Commission. 2010-03-24.
- ↑ "Ashton Peery". CB Insights. Retrieved 17 October 2018.
- ↑ Martin, Dylan (2018-01-17). "Here Are the Best Boston Software Companies, According to G2". BostInno. Retrieved 2018-10-03.
- ↑ Staff, Entrepreneur (2017-02-17). "Medium-Sized Companies: The Best Company Cultures in 2017". Entrepreneur. web. Retrieved 2018-10-03.
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