Qumu Corporation

Qumu Corporation provides an enterprise video platform that creates, manages, secures, distributes and measures the success of live and on-demand video within the enterprise. The Qumu platform is offered in three implementation types: software-as-a-service, on-premise, and hybrid. Qumu’s primarily Global 2000 customer base includes organizations in six industry verticals markets: banking and finance, health and life science, professional services, manufacturing, telecommunications, and government.

Qumu Corporation
Public Company
Traded asNASDAQ: QUMU
IndustryComputer Software
Founded2002
HeadquartersMinneapolis, Minnesota, United States
Websitewww.qumu.com

Qumu was founded in 2002, when Yahoo purchased the dot com-era search engine company Inktomi. As part of that transaction, Yahoo received a technology for managing and publishing video assets called Media Publisher, into which Inktomi had invested significant dollars for development. Two entrepreneurs and former eScene executives approached Yahoo with an offer for the Media Publisher product. They spent the next six years developing it into an enterprise video platform that they rebranded as Qumu in 2008.

In 2014, Qumu acquired London-based video platform provider Kulu Valley and rebranded their video platform as Qumu Cloud. This acquisition allowed Qumu to diversify the deployment types it could support, and to install its first hybrid enterprise video deployment, combining its on premise platform with its new cloud platform.

In October 2015, Qumu named Vern Hanzlik President and CEO. Prior to coming to Qumu, Hanzlik and a partner founded a content management technology company called Stellent, and sold it to Oracle for $440 million. Since 2015, Qumu has expanded to Europe, Asia and the Middle East. Over the last two years Qumu has been named an enterprise video market leader by analyst firms including Gartner, Forrester, Aragon Research, and Wainhouse Research.

In March 2020, Qumu announced a merger with Synacor, a cloud-based software and services company.[1]

References

  1. "Qumu and Synacor Merge Forces". UC Today. 2020-03-11. Retrieved 2020-03-11.

Official website

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