Banzai Completes Acquisition of OpenReel, Expects to Exceed $10.0 Million 2024 Revenue Guidance
Banzai International, Inc. - Class A (BNZI)
Company Research
Source: GlobeNewswire
SEATTLE, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced that it has successfully closed its previously announced acquisition of OpenReel, a leading digital video creation platform. Additionally, the company announced that it plans to exceed the top end of its previously disclosed revenue guidance of $10.0 million in FY 2024. OpenReel enables companies to rapidly create high-quality, branded video content. Their solution allows companies to direct, record, create, and collaborate on high-definition video projects, dramatically reducing the time to create brand-compliant video content. OpenReel’s enterprise customer base includes global organizations, such as Bristol Myers Squibb, Ingram Micro, DXC Technology, Insider Inc., and US Steel. Banzai’s vision is to build an AI-powered marketin
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News
- Banzai Signs Acquisition of Vidello, Growing TTM Revenue 59% to $17.3M and Adding $2.3M in EBITDAGlobeNewswire
- Banzai Appoints Nancy Norton as Chief Legal OfficerGlobeNewswire
- Banzai Announces Definitive Agreement to Acquire OpenReel, Growing TTM Revenue 152% to $10.9MGlobeNewswire
- Banzai to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference on December 10-11, 2024GlobeNewswire
- New to the Street Engages Curate by Banzai to Elevate Investor and Brand EngagementAccesswire
BNZI
Sec Filings
- 12/23/24 - Form SCHEDULE
- 12/20/24 - Form 8-K
- 12/19/24 - Form 8-K
- BNZI's page on the SEC website