We are pleased to announce that Vanedge Capital has led a $4.5M investment in MediaCore, a Victoria-based provider of a cloud-based video platform for the education and enterprise market. Founded in 2011, MediaCore has also been recognized as a leader in the video learning space, having recently being named as one of the Top 20 Learning Platforms of 2015 by the ELearning 24/7 team, and one of the world’s most innovative companies in digital video by Fast Company Magazine. Our investment follow on a year of record growth of the company, bringing in over 100 universities to the platform, including notable institutions like Yale, Brown and UC Berkeley among many others.
MediaCore’s platform provides for the secure storage, distribution, indexing, streaming and management of video content with a YouTube-like, modern user interface that works across all browser, mobile and tablet platforms. Clients choose this platform as an alternative to on-premises solutions. The MediaCore platform integrates with the Learning Management Systems (LMSs) currently used by colleges and universities and ties into their existing account, user provisioning and security systems.
We are excited to add another great SaaS company with an incredible founder and team to out portfolio,