VideoElephant goes large as it expands into Australia and New Zealand
Smurfit-backed video broker amasses massive clips database
Dublin-based VideoElephant is expanding into Australia and New Zealand and planning to launch in Asia in the near future.
A broker and validator of video clips for major global media firms, VideoElephant is backed by investors including businessman Tony Smurfit, Paddy Power co-founder John Corcoran and an accelerator fund supported by Ryanair scion Declan Ryan.
It hit profitability this year and now has annual revenues of circa €3 million, founder Stephen O’Shaughnessy said, ...