Vidavee

About Vidavee

Founded in 2004, Vidavee emerged as an early player in the online video services market, initially operating under the name MicroNets. The company developed a turnkey platform designed for media companies and web publishers to manage, analyze, and monetize their online and mobile video content. This software as a service (SaaS) solution empowered clients to upload and share video, access analytics, and integrate advertising, facilitating some of the first user-generated video content programs. Its client roster included major media entities such as Fox News, Univision, Huffington Post, and MTV.

The firm's business model was centered on providing a comprehensive suite of tools through a SaaS subscription, enabling publishers to capitalize on the growing demand for internet video. Vidavee's platform was recognized for its capabilities in helping create new digital video networks. The company's trajectory led to a significant milestone in August 2006 when it secured early-stage venture capital funding from Trident Capital. This investment fueled its product development and market expansion.

In April 2008, Vidavee was acquired by Vignette Corporation, an enterprise content management software company, for approximately $6.6 million. Following the acquisition, Vidavee's technology was integrated into Vignette's product line. Vignette itself was later acquired by OpenText in July 2009, which means Vidavee's technology and assets are now part of OpenText's broader portfolio.