Veset, a privately owned company headquartered in Latvia and a subsidiary of PLAY (Japan), was founded in 2011. It employs approximately 20 individuals and reported $2.7M in revenue as of 2025. The company specializes in video processing and playout, offering SaaS playout solutions. Veset targets broadcasters and managed service providers with its playout solutions for live and linear content.
On July 17, 2026, cloud playout technology provider Veset announced a new self-service subscription option for its Veset Nimbus platform, providing content owners instant online access to launch FAST and OTT channels without requiring sales calls, demos, or lengthy contracts. This development follows the milestone reached on May 28, 2026, when Veset’s self-service subscription offering for Veset Nimbus surpassed 200 trials, with 213 customers having signed up since the service launched in November 2025. Introduced to give broadcasters, content owners, and service providers faster access to cloud playout, the self-service model streamlines onboarding and simplifies the process of launching linear channels in the cloud.
Veset offers 3 products in the media tech industry. Veset's product portfolio comprises of video processing and playout.
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Veset's revenues were less than $10M in 2025. Caretta Research has split Veset's revenue into 2 different product categories, the largest of which is linear playout. For full access to Veset's revenue breakdown subscribe to Caretta Portal.
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Veset's customers primarily consist of telecoms, broadcast television and radio and non-profit Organizations companies. Examples of Veset's customers include TV Azteca, TED and Telekom Malaysia. Veset has commercial and technical partners like Bitcentral, Levira and PLAY (Japan). Veset has suppliers like MainConcept.
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