In an SEC filing today, the online video distribution company sets the price range for shares of its upcoming IPO at $10 to $12.
The online video company has filed a registration statement for initial public offering with the SEC, hoping to raise $50 million.
The company says Brightcove 3 offers improved work flow for media companies and an easily customizable video player.
The new Brightcove Experience for HTML5 allows customers to publish video for devices like Apple's iPad, iPhone, and iPod Touch.
Online video platform, Brightcove, is opening up Boxee as an additional distribution channel to its customers.
Brightcove is set to serve up Fox's content.
The media companies that use Brightcove will now have access to the social networks' combined 300 million users.
Accounts in good standing with the video-sharing site can now begin live video streaming, regardless of their number of followers.
Company decides to ditch consumer-generated video and will only use the site to host the professional videos that it collaborates on with businesses.