Cambridge, Mass. - Brightcove, a provider of Internet broadband content delivery technology, has raised a $5 million loan from a group led by GE's Global Media & Communications finance unit. Founded in 2004 by Jeremy Allaire, previously a technologist and entrepreneur-in-residence for the venture capital firm General Catalyst, Cambridge, Mass.-based Brightcove offers an open Internet TV service that allows video producers and programmers to build broadband businesses.
http://biz.yahoo.com/bw/060921/20060921005496.html?.v=1
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We use Brightcove’s platform for our TasteTV network, at http://www.TasteTV.com, and think they’re doing a fantastic job.