Veset, a privately owned company headquartered in Latvia and a subsidiary of PLAY (Japan), was founded in 2011. It employs approximately 20 individuals and reported $2.7M in revenue as of 2025. The company specializes in video processing and playout, offering SaaS playout solutions. Veset targets broadcasters and managed service providers with its playout solutions for live and linear content.
On May 28, 2026, Veset's self-service subscription offering for Veset Nimbus surpassed a significant milestone, with 213 customers signing up since its launch in November 2025. The self-service model was introduced to provide broadcasters, content owners, and service providers with faster access to cloud playout, facilitating quick onboarding and a streamlined process for launching linear channels in the cloud.
Veset offers 3 products in the media tech industry. Veset's product portfolio comprises of video processing and playout.
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Veset's revenues were less than $10M in 2025. Caretta Research has split Veset's revenue into 2 different product categories, the largest of which is linear playout. For full access to Veset's revenue breakdown subscribe to Caretta Portal.
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Veset's customers primarily consist of telecoms, non-profit Organizations and broadcast television and radio companies. Examples of Veset's customers include Telekom Malaysia, ProSiebenSat.1 Media and TED. Veset has commercial and technical partners like PLAY (Japan), Bitcentral and Levira. Veset has suppliers like MainConcept.
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