Kit Digital Ramps up Video Services with 1100 Customers As Revenue Doubles in 2009

By on 04/11/2010 10:34 PM @beet_tv

Kit Digital, the Prague-based video services company, has over 1100 customers around the world. It recently reported $47 million in annual revenue and is growing organically and through acquisitions including the Feedroom and last month’s $18 million purchase of Multicast.

Last week, we sat down with Kaleil Isaza Tuzman, chairman and CEO for an update.  He calls the company “the biggest video enablement company you probably never heard of.”

Kit purchased Roo in 2008 and later went public.  The company has a market cap of about $200 million.

According to Tuzman, about 20 percent of the company’s revenue comes from online, most comes from IPTV and mobile carriers.   Most of its customers are in the Europe and Asia where IPTV is more pervasive.

Andy Plesser, Execuctive Producer

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