Veritone to Buy Wazee Digital for $15 Million Veritone said Aug. 13 that it signed an agreement to buy Wazee Digital, a provider of cloud-native video management and licensing services that enable rights holders to monetize and enrich their content, for $15 million, including $7.5 million in cash and $7.5 million in Veritone common stock. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com.Wazee, a Denver-based company whose investors included Shamrock Capital Advisors, generated net revenue of more than $19 million in 2017, according to Veritone.Veritone Inc. said it has agreed to acquire Wazee Digital, a provider of video management and licensing services, for $15 million in cash and stock.This copy is for your personal, non-commercial use only. Veritone has signed an agreement to acquire Wazee Digital, a provider of cloud-native video management and licensing services that enable rights holders to monetise and enrich their content.

Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Veritone Core is the only cloud-native digital asset management platform that enables users to gain control, visibility, and insight into all their digital assets, ensuring valuable content reaches its rightful audiences. Wazee Digital, based in Denver, Colorado, had net revenues of over $19 million in 2017.

After submitting your request, you will receive an activation email to the requested email address. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/veritone-acquires-wazee-digital-1534278376 Veritone aiWARE provides access to a diverse ecosystem of cognitive engines through one common software infrastructure. And now, as a result of the recent integration between Wazee Digital’s asset management platform and Veritone’s operating system for Artificial Intelligence — aiWARE — joint customers can fully index, categorise, and package content Wazee Digital’s platform, resulting in unparalleled, additional revenue opportunities,” said Chad Steelberg, Veritone Founder & CEO.Copyright Advanced Television Ltd © 2001–2020Said Harris Morris, Wazee Chairman and CEO, added: “We’re extremely excited to leverage our best-in-class asset management and monetisation capabilities with Veritone’s unique cloud-based AI operating system. Custom-branded to maintain your company’s personality, Digital Media Hub allows content creators to immediately access, search, manage, share, and monetize media including videos, still images, and audio. A complete set of tools for content licensing and distribution. Wazee Digital enables rights holders to monetize and enrich their valuable content. Veritone is not providing further details about the acquisition until next Monday, August 20, 2018. At Veritone, we promise to treat your data with respect and will not share your information with any third party. Veritone Digital Media Hub is a cloud-native, AI-enabled media management portal specifically designed for content owners in sports, film, TV, news, and media enterprises. Surfacing actionable intelligence from large amounts of structured and unstructured data at scale, aiWARE has the power to transform and augment processes across the entire organization, no matter what industry.

Copyright 2020 Dow Jones & Company, Inc. All Rights ReservedThis copy is for your personal, non-commercial use only. Veritone will acquire Wazee Digital and Performance Bridge Media for cash and stock. Veritone Acquires Wazee Digital for $15 Million.

By incorporating AI into our cloud-based media asset management workflow, FremantleMedia will have the ability to extract more value from our assets.”Veritone has signed an agreement to acquire Wazee Digital, a provider of cloud-native video management and licensing services that enable rights holders to monetise and enrich their content.

Veritone has signed an agreement to acquire Wazee Digital, a provider of cloud-native video management and licensing services that enable rights holders to monetize and enrich their content. View, search, and download all of your assets in one place, including those residing in other content portals such as Getty Images. Veritone’s AI-enabled solutions drive digital transformation for leading Media & Entertainment companies including studios, networks, broadcasters and sports organizations. Veritone Core is a cloud-native digital asset management (DAM) application that leverages the power of aiWARE to automatically enrich the metadata of every asset it ingests. Veritone Inc. said it has agreed to acquire Wazee Digital, a provider of video management and licensing services, for $15 million in cash and stock.

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