OPEN8 - About the company
OPEN8 is a series D company based in Shibuya (Japan), founded in 2015. It operates as an AI-enabled video editing software developer. OPEN8 has raised $20.5M in funding from investors like Mitsubishi UFJ Capital, Aidma Holdings and HIS. The company has 1219 active competitors, including 227 funded and 80 that have exited. Its top competitors include companies like Ambarella, OpusClip and Wondershare.
Company Details
AI-enabled video editing software developer. The company has developed a cloud-based editing platform named 'Video Brain'. Other products developed by the company include an Ad-Tech video marketing platform, 'Lutron' which is a lifestyle video content distribution platform.
- Website
- open8.com/en/
- Email ID
- *****@open8.com
- Registered Address
- na
Key Metrics
Founded Year
2015
Location
Shibuya, Japan
Stage
Series D
Total Funding
$20.5M in 6 rounds
Latest Funding Round
Investors
Ranked
87th among 1219 active competitors
Employee Count
11 - 50 as on Jul 01, 2024
Legal entities associated with OPEN8
OPEN8 is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OPEN8 INC. CIN: T15UF2840E , Singapore, Active | Jul 01, 2015 | - | - |
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OPEN8's funding and investors
OPEN8 has raised a total funding of $20.5M over 6 rounds. Its first funding round was on Oct 28, 2015. Its latest funding round was a Series D round on Jan 22, 2024 for $*****. 6 investors participated in its latest round. OPEN8 has 16 institutional investors.
Here is the list of recent funding rounds of OPEN8:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 22, 2024 | 5294622 | Series D | 5010087 | 1899713 | 3243443 | 2761208 |
Jan 29, 2021 | 8075708 | Conventional Debt | 7856866 | 9847769 | 3150625 | |
Jan 29, 2021 | 4845127 | Series B | 9649593 | 7992425 | 8586636 |
View details of OPEN8's funding rounds and investors
OPEN8's founders and board of directors
Founder? Claim ProfileOPEN8's employee count trend
OPEN8 has 11 - 50 employees as of Jul 24. Here is OPEN8's employee count trend over the years:
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OPEN8's Competitors and alternates
Top competitors of OPEN8 include Ambarella, OpusClip and Wondershare. Here is the list of Top 10 competitors of OPEN8, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 71/100 | |
2nd | OpusClip 2022, Redwood City (United States), Series A | Provider of AI video editing tools for short-form content creation | $50M | 68/100 | |
3rd | Wondershare 2003, Vancouver (Canada), Series B | Developer of software for video editing, PDF management, and data recovery | $10M | 67/100 | |
4th | TrueFan AI 2020, Gurugram (India), Series A | Provider of AI-powered platform for personalized, multilingual video content creation | $11.1M | 66/100 | |
5th | Voxel AI 2020, San Francisco (United States), Series B | Developer of safety intelligence platform | $83M | 65/100 | |
6th | Provider of AI-based mapping systems generating high-definition vector data | $12.6M | 65/100 | ||
7th | SundaySky 2007, New York City (United States), Acquired | Provider of an enterprise video platform for personalized customer engagement | $67.1M | 65/100 | |
8th | Developer of visual search technology for product and spare part identification | $10.8M | 65/100 | ||
9th | Descript 2017, San Francisco (United States), Series C | Automated transcribing solution provider for audio files | $101M | 64/100 | |
10th | Deepomatic 2014, Paris (France), Acquired | AI-powered platform for automated quality control in field operations | $19.7M | 63/100 | |
87th | AI-enabled video editing software developer | $20.5M | 46/100 |
Looking for more details on OPEN8's competitors? Click here to see the top ones
OPEN8's Investments and acquisitions
OPEN8 has made no investments or acquisitions yet.
Reports related to OPEN8
Here is the latest report on OPEN8's sector:
News related to OPEN8
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Open Eight Co., Ltd., which provides AI Business Video Editing Cloud "Video BRAIN", implements funding in the series D -roundstartuplog.com•Jan 22, 2024•OPEN8, Mitsubishi UFJ Capital, Japan Post, Aidma Holdings and 3 others
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Triton, TripleLift, and Open8 now supported in DV360ppc.land•May 08, 2019•Google, Triton Digital, TripleLift, OPEN8
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Open8 gets creative in $13m series AGlobal Corporate Venturing•Oct 11, 2018•OPEN8, World Innovation Lab, SPARX Group
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