Netherlands-based Hedge is a productivity software dedicated to the media industry and allows video editors to store media backups and collaborate remotely. Its collaborative functionality for teams, dubbed Postlab, includes real-time editing, project management, and file storage features. The company operates a licensing model starting at USD 129 and currently serves more than 30,000 customers globally.
Hedge announced USD 3 million in seed funding in July 2021. The round was led by private media industry investor Steve Bayes. The fresh funds were allocated toward growing its team and expanding its media technology portfolio through the acquisition of Divergent Media. Divergent Media’s software provides tools that assist in editing, finishing, and transcoding. Hedge plans to consolidate these functionalities to develop novel products.
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