Mydeo extends into enterprise video hosting

UK video hosting startup Mydeo, has launched an enterprise version of its service under the name m3 (Mydeo Media Manager). The idea is to aim the service at the SME business market, providing simple, turnkey uploading and reporting interface for companies wanting to deliver high quality video on their sites and run rich campaigns. M3 supports all the major video formats including Flash, Windows Media and QuickTime and more. The problem with delivering high quality video on a site is that it can affect performance. Mydeo’s pitch is that they’ll take care of that issue. Mydeo says it will will be launching co-branded versions for both agencies and traditional hosting providers looking for a delivery partner. The move marks further momentum for the UK startup which last year signed a deal with giant US retailer Best Buy to offer its service to customers. Mydeo launched in Spring 2005 following an R&D grant for Technical Innovation from the DTI. By the end of 2005 Mydeo were Microsoft’s European Windows Movie Maker partner, providing high quality Windows Media Hosting services for XP users worldwide.

Update: Looking into the pricing, it’s 100GB transfer and 10GB storage for $475, which looks kinda pricey, or perhaps this is what it takes for ‘quality’ video?

Update2: Cary Marsh from Mydeo responds to the pricing issue in the comments.