SeaChange International, a privately-owned US-based company founded in 1993, provides software solutions to the media industry. Employing approximately 410 people, the company's products focus on video business systems, serving primarily streaming services and broadcasters. Its offerings encompass asset management platforms for cable operators, cloud-based video platforms, and advertising technology solutions for managing ad inventory. In 2023, SeaChange International reported revenues of approximately $25 million. The company is a subsidiary of Enghouse Networks.
Tiber Ventures Inc., formerly known as SeaChange International Inc., announced preliminary results of a tender offer on July 26, 2024. The offer, to purchase up to $6.16 million shares of common stock, expired on July 25, 2024. Separately, Coherent Market Insights published reports on the Video On Demand Service Market, examining growth prospects from 2025 to 2032 and analyzing increased demand and opportunities in the global market. Another report compared SeaChange International and Tenable as potential investments.
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SeaChange International offers 4 products in the media tech and ad tech industries. SeaChange International's product portfolio comprises of video business systems, premium video and CTV and video processing and playout.
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SeaChange International's revenues were less than $50M in 2023. Caretta Research has split SeaChange International's revenue into 3 different product categories, the largest of which is tV and online video platforms (OVP CMS). For full access to SeaChange International's revenue breakdown subscribe to Caretta Portal.
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SeaChange International's customers primarily consist of telecoms and broadcast television and radio companies. Examples of SeaChange International's customers include Verizon Consumer, Cox Communications and BBC. SeaChange International has partners like Arqiva. SeaChange International has suppliers like TiVo.
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