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Brightcove shares rise in first day of trading

By Chris Reidy

 |  Globe Staff  

  February 17, 2012

Brightcove Inc., a Cambridge company known for its Internet video platform and online video tools, today announced the pricing of its initial public offering of 5 million shares of its common stock at a price to the public of $11 per share. The shares, which could raise about $55 million, are expected to begin trading on the Nasdaq Global Market today under the symbol “BCOV.”

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