Bizzabo Buys Teevid To Strengthen Its Video Production Suite
US-Israeli event planning platform Bizzabo announced last month that it has acquired Israel firm Teevid, a solution for creating, producing, and broadcasting virtual, in-person, and hybrid events.
While no financial details were disclosed, Bizzabo will use the acquisition to introduce the Ultimate Video Production Suite to enable event leaders to create an immersive experience for attendees and presenters. The suite blends content and video into a seamless TV-like experience, the company said.
With the acquisition and the launch of the video production suite, Bizzabo said it was “eliminating barriers” and making it easy for event leaders to “go all in” on video. Customers can create an impactful production-level event in a few clicks and control all aspects of an event from start to finish.
“We were the first event technology company to launch a virtual and hybrid event solution in March 2020, and we’ve been innovating in video and media production ever since,” said Eran Ben-Shushan, co-founder and CEO of Bizzabo. “Video is a crucial part of hybrid event strategies, both as a way to deliver personalized, immersive experiences as well as empowering flexibility and choice. We’re thrilled to welcome TeeVid’s team of world-class video experts to Bizzabo as we continue to invest in empowering event experiences.”
Founded in 2017, TeeVid has developed a differentiated solution to create, produce and broadcast immersive experiences. Its comprehensive, expanded video production suite is a fully independent infrastructure, leveraging open-source technologies alongside their proprietary code. The suite makes it easier to do things like create live and interactive events, webinars and meetings for unlimited attendees and create promotional videos for in-person events and libraries of on-demand video content.
“At TeeVid, we’ve been focused on empowering creators by giving them the ability to tell their stories as they imagine it,” said Adi Nathan, co-founder and CEO of TeeVid. “Bizzabo’s innovative Event Experience OS and their commitment to event experiences is fully in-step with our vision, making them an ideal partner.”
TeeVid is Bizzabo’s third acquisition in the last five months, following its acquisitions of x.ai and Whalebone.