David’s digital video technology background will help scale JW Player’s engineering team and product development to service the growing digital video economy.
JW Player, the video software and data insights platform, has appointed David LaPalomento as Chief Technology Officer, effective immediately.
The strategic hire will accelerate JW Player’s product innovation to meet the needs of a rapidly growing digital video economy, leveraging the recent infusion of $100m in Series E funding from LLR Partners.
During his decade-long tenure at Brightcove, David built an engineering team to modernise its video delivery platform. He led the overhaul of the company’s legacy data centre-based architecture, replacing it with a scalable, cloud-native architecture and migrating thousands of customers to the new platform. His leadership helped triple revenue, launch new products, and integrate acquisitions to address new market segments.
Commenting on the new appointment, Dave Otten, CEO and Co-Founder of JW Player, said: “David has proven himself to be a visionary leader in both developing and scaling innovative video delivery products. I have no doubt that his expertise will strengthen our position as a leading force for innovation in the digital video industry. With his leadership, we will scale our engineering teams and bring new products to market that further empower customers with independence and control in the Digital Video Economy. We could not be more excited to have him on our team.”
David added: “I’m thrilled to start the next chapter of my career with JW Player. We’ve reached an inflection point where every company with a digital presence now depends on video to engage its audience and monetize its offering. JW Player has built the most comprehensive platform for success in this digital video ecosystem, with unmatched consumption and contextual data insights, cutting-edge monetisation and engagement features, and world-class video experiences on any screen. I look forward to building on this platform to bring new innovations to market.”
According to JW Player’s data from over 12,000 publishers and broadcasters, video consumption has continued to surge in the wake of the pandemic, up nearly 50% since 2020 and 28.6% since January 2021. The growing demand has made it imperative for organisations of all stripes, including fitness, e-commerce, sports and e-learning businesses, to develop a robust video strategy to engage their audience on the screen of their choice: web, mobile or connected TV.
JW Player’s API-driven video platform allows customers to independently control and operate their mobile, OTT and web video applications at a global scale. Importantly, JW Player delivers data-driven insights to help customers grow, engage, and monetise their audiences. The company’s video streaming grew by nearly 200% in the last year, with live streaming increasing by over 400%.
