Although the on-premise digital asset management industry is well established, MediaValet is leading an entirely new generation of digital asset management systems forged in the Cloud. Leveraging Windows Azure, MediaValet makes it effortless for companies of all sizes, industries and locations to aggregate, organize, secure and share their digital assets - no matter how many assets they have or where their users are located.
"Born out of our own struggles to find a suitable digital asset management solution for
Delivered under a software-as-a-service (SaaS) model, MediaValet's annual recurring revenue has doubled in the last twelve months and continues to grow at a rapid pace. Over the last few months, MediaValet has added customers in industries as diverse as consumer electronics, cosmetics, greeting cards, and online education. Over the next six months, MediaValet will launch the third and fourth major releases of its cloud-based, enterprise class, digital asset management system (DAMS).
Closing of the Transaction is subject to customary conditions, including approval by the Company's shareholders and the
Keywords for this news article include: Finance, Software.
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OCTOBER 31, 2014
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