REG - Blackbird PLC - elevate.io soars to 40,000 users

BlackbirdAnnouncement

20/11/2024 07:00

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RNS Number : 8637M  Blackbird PLC  20 November 2024

20 November 2024

 

Blackbird plc

(the "Company")

 

elevate.io soars to 40,000 users

 

 

Ian McDonough, CEO of Blackbird plc (AIM:BIRD), the technology licensor,
developer and seller of market-leading cloud native video editing platform,
Blackbird,  and developer of the online collaborative video editing and
content creation platform, elevate.io, gives a product and user update (via
video) on elevate.io:

 

 

 

 In the video update Ian McDonough highlights elevate.io's:

 

·    rapid user uptake with over 40,000 users in 120 countries

o  users grew from 800 to 40,000 between 1 September and 19 November 2024

·    huge market opportunity with hundreds of millions of content creators

·    the features and functionality of elevate.io fill a clear and large
gap in the content creator market

·    simple, powerful and collaborative nature

·    patented technology provides defensible competitive advantages

·    features and functionality that are constantly being improved

·    goal to be a daily driver for video storytellers around the world

·    payment gateway being on track for delivery in Q1 2025

 

 

Contacts:

 

Blackbird plc
 
            Tel: +44 (0)20 8879 7245

Ian McDonough, Chief Executive Officer

Stephen White, Chief Operating and Financial Officer

 

Allenby Capital Limited (Nominated Adviser and
Broker)              Tel: +44 (0)20 3328 5656

Nick Naylor / Piers Shimwell (Corporate Finance)

Amrit Nahal / Guy McDougall (Equity Sales and Corporate Broking)

 

About Blackbird plc

 

Blackbird plc operates in the fast-growing SaaS, Media and Entertainment and
content creation markets.  Blackbird plc's patented technology allows for
frame accurate navigation, playback, viewing and editing in the cloud and it
has two products.

 

Blackbird(Ⓡ) a market leading suite of cloud-native computing applications,
is used by rights holders, broadcasters, sports and news video specialists,
live events and content owners, post production houses, other mass market
digital video channels and corporations.

 

elevate.io is the company's new online collaborative content creation platform
currently in general release. elevate.io (http://elevate.io/) is built using
Blackbird's core technology and is aimed at professional teams and the fast
growing Creator Economy.

 

Blackbird plc also licences its core video technology, under its 'Powered by
Blackbird' licensing model, enabling video companies to accelerate their path
to true cloud business models.

 

www.blackbird.video (http://www.blackbird.video/)
www.linkedin.com/company/blackbird-cloud
(http://www.linkedin.com/company/blackbird-cloud)
www.twitter.com/blackbirdcloud (http://www.twitter.com/blackbirdcloud)
www.facebook.com/blackbirdplc (http://www.facebook.com/blackbirdplc)
www.youtube.com/c/blackbirdcloud (http://www.youtube.com/c/blackbirdcloud)

www.elevate.io

 

 

 

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