Nice, the kind of acquisition we like to see where the result is a continuation of the product but with even more capital behind it.<p>Also another successful exit to add to the YC record so grats to YC as well for helping another entrepreneur achieve their goals.
I love ZenCoder. The product is awesome and their company culture/fast dev cycle/docs/api is one we should all try to mimic (i.e, the CEO gets onto sales calls and answers tech questions. WHAT!?).
I know that they are promising not to pull a Sparrow, but with all of the aqui-hires lately- I'm scared. Please don't make me go back to a homebrew ffmpeg setup- there aren't many good competitors in this space!
Congrats johndahl and the rest of the team! It seems Zencoder was conservative in how much money it took, and was doing well at the time of the acquisition, so I'm guessing that it was a success for investors.
I love this for both the Zencoder team and my former colleagues at Brightcove; glad to see that positive acquisitions can still happen--and not at all surprised that Brightcove is behind one of them!
Congrats!<p>I built a CMS integration with Zencoder recently and was blown away with their API request builder and speed of file conversion. Great service.
This is awesome, they were a hackathon project. Congrats guys! <a href="http://blog.railsrumble.com/blog/2010/11/01/zencoder-winner" rel="nofollow">http://blog.railsrumble.com/blog/2010/11/01/zencoder-winner</a>