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Industries
Consumer Software
Enterprise Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$73.6M
Headquarters
Kitchener, Canada
Founded
2011
Vidyard provides an online video platform tailored for businesses to create, host, and share videos aimed at enhancing marketing, sales, corporate communications, and customer support. The platform includes tools for recording and managing videos efficiently, with features for secure sharing such as passcodes and Single Sign-On (SSO). This allows companies to safely distribute video content both internally and externally. Vidyard caters to a diverse range of clients, including marketing teams and sales professionals, by offering solutions that help them connect with customers and close deals more effectively. The company operates on a subscription model, where clients pay for access to various features, and also provides free tools to attract new users. Vidyard's goal is to improve business communication strategies through video, ultimately driving higher engagement and better results.
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Total Funding
$73.6M
Below
Industry Average
Funded Over
6 Rounds
Competitive pay
Health & wellness subsidies
Continuing education subsidies
Health, dental, & vision coverage
Health/lifestyle spending accounts
Unlimited vacation
ESOP
Paid volunteer opportunities
Vidyard also announced that it has secured $15M in funding led by Export Development Canada (EDC) with participation from BMO Capital Partners, in addition to existing investors Battery Ventures, Bessemer Venture Partners, and iNovia Capital.
Video messaging company Vidyard has introduced the industry’s first hyper-realistic AI Avatars (looks and sounds just like the user) to its Messages platform. Vidyard also revealed that it has secured $15 million in funding led by Export Development Canada (EDC) with participation from BMO Capital Partners and existing investors Battery Ventures, Bessemer Venture Partners, and iNovia Capital. Including this funding round, Vidyard has raised $90.7 million in total funding.
With AI Avatars, Vidyard aims to facilitate “personalized video communications at scale.”
KITCHENER, Ontario--(BUSINESS WIRE)--Video messaging leader Vidyard today announced the introduction of the industry’s first hyper-realistic AI Avatars – that look and sound just like the user – to the Vidyard Messages platform. Top global sales and marketing organizations, including HubSpot, Microsoft, LinkedIn, and SP Global, use the platform to increase effectiveness and scale outreach when communicating with customers and prospects. AI Avatars help sales organizations scale all stages of the sales cycle and enable marketers to create high-quality, personalized videos while minimizing the time spent recording and editing. See it in action here. “AI Avatars will be a game-changer for our sales team, who understand how much more effective video is than text when engaging customers and prospects,” said Matt Green, CRO of Sales Assembly. “Removing the need to sit and record each personalized message, over and over, will not only give our team more time to focus on high-impact sales activities but also gives us the confidence that our message is being delivered and received accurately, consistently and compellingly.”
Today, Vidyard has announced its entry into the AI avatar market, introducing an AI Avatars feature to its Messages platform.
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Industries
Consumer Software
Enterprise Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$73.6M
Headquarters
Kitchener, Canada
Founded
2011
Find jobs on Simplify and start your career today