Common use cases for the company’s products include executive webcasts, virtual events, employee collaboration and training.
The Qumu platform is offered in three implementation types: cloud-based software-as-a-service (SaaS), on-premises, and hybrid.
The company’s customer base includes organizations in six verticals markets: banking and finance, health and life science, professional services, manufacturing, telecommunications, and government.
[7] Hanzlik was a founder of content management technology company Stellent, which sold to Oracle for $440 million in 2006.
[10] Qumu was acquired by TSX-listed company Enghouse Systems Ltd in an all-cash deal worth US$18 million in February 2023.