Newsroom | Qumu Enterprise Video

New Qumu App Transforms Zoom Into Large-Scale Broadcasting Platform for Enterprises

Innovative Qumu App Enables Self-Service Streaming of Zoom Events to Audiences of 100,000+, While Adding Comprehensive Video Management and Enterprise-Grade Security

Minneapolis, September 1^st, 2020—Qumu, the leading provider of Enterprise Video as a Service (EVaaS)™ technology, has released a new functionality extension for Zoom. Available at no charge as part of all existing Zoom corporate licensing plans, the app allows Qumu and Zoom enterprise clients to stream live events exceeding 100,000 attendees—with no loss of video quality and no negative effect on internal networks. The app is called Qumu Stream, Record and Manage, and is available now in the official Zoom Marketplace.
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Qumu Sets September 2020 Financial Conference Schedule

MINNEAPOLIS--Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, is scheduled to participate at the following virtual financial conferences during September 2020:
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Qumu Announces Another Major Feature Release for Video Control Center Customers

Leading Enterprise Video provider adds Qumu Analytics Engine (QAE), Qumu Messaging Service (QMS) and new Zoom App to already feature-rich technology platform

Minneapolis, August 12, 2020—Qumu, the leading provider of best-in-class video technology for the enterprise, has announced the release of Qumu Video Control Center (VCC) Version 10.5, the customer-hosted deployment of Qumu’s intelligent Enterprise Video platform. This release includes a new Qumu Analytics Engine (QAE) which provides comprehensive, real-time and historical usage reporting of both live and on demand video content—via a highly scalable, redundant and ultra-fast search application.
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Qumu Announces Cloud-Based Audio Conferencing Solution for Enterprises

Leading Enterprise Video Platform Now Offers Large-Scale Audio Streaming at Significantly Lower Cost than Traditional Audio Conferencing

Minneapolis, August 04, 2020 – Qumu, the leading provider of Enterprise Video as a Service (EVaaS)™ technology, is now offering its cloud-based video platform to organizations for medium and large-scale audio conference streaming. In addition to cost savings at scale, Qumu Cloud will allow enterprises to leverage engagement and accessibility features like slide sharing, participant polling and audio translation, which traditional audio conferencing systems do not offer.

Leading Enterprise Video Platform Sees Massive Increase in Users, as Internal and External Video Communication Becomes the ‘New Normal’ for Organizations

Minneapolis, July 30, 2020 – Qumu, the leading provider of Enterprise Video as a Service (EVaaS)™ technology for the intelligent enterprise, announced use of its market-leading, cloud-based video technology platform pushed to record levels during Q2 of 2020. The company is reporting that traffic through its cloud platform regularly exceeded 8 million viewers during the quarter, as the impact of COVID-19 on enterprises continued to unfold. This jump represents a 360% increase in platform usage from the end of Q1 of 2020.

Qumu Announces Second Quarter 2020 Financial Results

Company Affirms 74% Revenue Increase in Second Quarter to Record $9.3 Million; Strong Demand Continues to Expand Sales Pipeline

Minneapolis, MN – July 28, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, today reported financial results for the second quarter ended June 30, 2020.

Qumu Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Minneapolis, MN – July 24, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, today announced that Qumu has granted a non-qualified stock option award to purchase an aggregate of 457,692 shares of its common stock to TJ Kennedy, Qumu’s new President and Chief Executive Officer. The stock option award was made pursuant to the company's previously-announced offer letter with Mr. Kennedy, and as a material inducement to Mr. Kennedy joining Qumu as President and Chief Executive Officer and a member of the board of directors.
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Qumu Sets Second Quarter 2020 Conference Call for Tuesday, July 28, 2020 at 4:30 p.m. ET

Minneapolis, MN – July 22, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, today announced that it will hold its conference call and webcast on Tuesday, July 28, 2020 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial results for the second quarter ended June 30, 2020. Financial results for the second quarter 2020 will be issued in a press release prior to the call.

Qumu Appoints Veteran Technology Executive TJ Kennedy as President and CEO

Minneapolis, MN – July 17, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, today announced that its Board of Directors has appointed technology executive TJ Kennedy as its new President and Chief Executive Officer, effective July 20, 2020. Mr. Kennedy will succeed Vern Hanzlik, who has stepped down as President and Chief Executive Officer and as a director of the Company, effective immediately, to pursue other interests. Mr. Kennedy’s election to the Board of Directors will become effective concurrently with his appointment as Chief Executive Officer.
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Qumu Announces Preliminary Second Quarter 2020 Revenue

Strong Demand Drives Company to Raise Expected 2020 Revenue to $29 million

Conference Call Scheduled for July 28, 2020

Minneapolis, MN – July 15, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, announced preliminary revenue results for its second quarter ended June 30, 2020.
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