Kewego, the first profitable European company in the B2B video market
With a sales volume in 2009 of 6.4 million euros and a net result of over 500,000 euros, the French company Kewego is emerging as a benchmark in business video on the Internet and new platforms with more than 450 clients in 25 countries.
While B2C video giants struggle to find a stable business model, Kewego appears to have found a profitable market in B2B environments on the Internet, Intranet, mobile and display networks. The French company closed 2009 with a sales volume of 6.4 million euros and a net result of over half a million. This achievement is especially notable considering that it occurs at a difficult economic time and that none of the players in the video market on new platforms have achieved profitability.
Since its creation in 2003, Kewego has invested more than 15 million euros in R&D to offer companies, media and communication agencies innovative and effective video broadcasting and management solutions. Financed by Banexi Partners and CDC Enterprises, Kewego has 450 clients in more than 25 countries. Headquartered in Paris, it has subsidiaries in Spain and Germany, currently having a team of 60 professionals.
Its founders, Michel Meyer and Olivier Heckmann, stated that the company is expanding new advertising functions "to help our clients in the media sector make 100% of their video audience profitable. At the same time, we are expanding our offering for companies to ensure profitable video communication and the possibility of broadcasting video in any environment."
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