Vbrick, the leader in enterprise video platform solutions, today announced significant growth fueled by the sustained global adoption of its flagship product Rev across enterprise and federal government sectors.
Vbrick’s stellar growth is attributed to the increasing adoption of video as a key component of the digital workplace across large enterprises. Companies are turning to scalable and secure live streaming and video on demand solutions to support communication and collaboration. As a result, Vbrick grew subscription revenues by 47% in the first half of 2020. Vbrick also continued to demonstrate the value of the Rev platform by delivering a world-class enterprise customer gross retention rate of 96% and a net enterprise retention rate of 120%. Significant retention rates illustrate the strong reliance companies have placed on video as a mission critical technology. […]