JayCut provides online video editing technology to companies. Consider if you could actually edit a video on YouTube and then send it to your friend's cellphone with a click. JayCut could give that to YouTube or any other site who has or wish to have video.
This Swedish company was founded in February 2007 after one year of technology development. The goal was at first to launch a consumer site but after one year the business model was changed to B2B. For a license the editing technology is today integrated in the other site to provide a seamless experience. Customers include the Oprah Winfrey Network, IKEA, Procter&Gamble and many other companies, from corporate giants to small entrepreneur websites.
A website/company of any size can since early 2010 use JayCut's public API to integrate the editor on the website in just minutes. The company says the launch has been a success with over a thousand websites having API access as of August 2010.
JayCut has for the site/technology has received awards from Google (SIME Innovation Day 2007), Internetworld (Best Swedish Entertainment Site 2007) and CNET (Webware 100 Video Finalist) as well as recognition in BusinessWeek as one of the most promising companies run by young entrepreneurs in Europe.
JayCut is cash flow positive (September 2008).
Funding Rounds (1) - undisclosedUpdate
|Aug 23, 2013||pcworld.idg.com.au - RIM buys video-editing vendor JayCut|
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|May 6, 2012||Engadget - BlackBerry 10 to get video editor, screen sharing according to forum leak|
|Mar 30, 2012||Ars Technica - RIM CEO announces purges, wants to recapture love of enterprise IT|
|Sep 12, 2011||Venture Beat - Demo: WeVideo brings collaborative video editing to the cloud|
|Jul 25, 2011||TechCrunch - Breaking: RIM “Streamlining” Operations, Lays Off 2,000|
|Jul 25, 2011||ZD Net - RIM boosts video tech with JayCut buy|
|Jul 23, 2011||Gigaom - RIM Adds Web Video-Editing Expertise With Purchase Of Jaycut|
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