Vbrick, a Henrdon, VA-based provider of enterprise video software, received $20m in funding.
The round was led by Morgan Stanley Expansion Capital, with participation from existing investors Acme Nova and Adams Capital.
The company intends to use the funds for the adoption of its platform into the enterprise market, grow sales and marketing efforts, and expand the partner ecosystem.
Led by Shelly Heiden, CEO, Vbrick provides an enterprise video platform that allows Fortune 500 customers to stream and record their executive webcasts, to connect with their employees globally, and to consolidate all recorded video into a single system of record for messaging across their organizations.
Since the launch of the flagship Rev platform in 2015, the company has added over 300 new customers and experienced over 100% annual subscription revenue growth.