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Cielo24

Acquired

Santa Barbara, US · Founded 2012 · Delaware corporation · 7 known investors

cielo24 was a video data company providing captioning, transcription and media data labeling; acquired by Rev and closed in 2025.

Also known as cielo24

Founders & leadership

BP
Brian Plackis-ChengExecutive
SJ
Shanna JohnsonExecutive

Board

JFJohn F. Frankel
John F. Frankelin𝕏Board directorFounder and General Partner at Ff Venture Capital
CI
Claudia IannazoBoard director
EHEric Holmen
Eric HolmeninBoard Member2015–2018CEO at Revenue Grid
JK
James KwonBoard director
SH
Steven HaleyBoard director
SK
Stuart KarleBoard director

Investors · 7

Reported raises · per SEC filings

Form D private placements

$9.7M disclosed across 2 rounds · 2014–2016

$8.6MraisedSep 2016 · 50 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • John F. FrankelDirector
  • Brian Plackis-ChengExecutive Officer, Director
  • Claudia IannazoDirector
  • Eric HolmenDirector
  • James KwonDirector
  • Steven HaleyDirector
  • Stuart KarleDirector
  • Shanna JohnsonExecutive Officer
Offering amount
$8.6M
Amount sold
$8.6M
First sale
Jul 2014
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.1MraisedSep 2016 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Shanna JohnsonExecutive Officer
  • Claudia IannazoDirector
  • James KwonDirector
  • Brian Plackis-ChengExecutive Officer, Director
  • Stuart KarleDirector
  • Eric HolmenDirector
  • John F. FrankelDirector
  • Steven HaleyDirector
Offering amount
$2M
Amount sold
$1.1M
First sale
Jun 2016
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

cielo24 was a Santa Barbara, California company that converted audio and video content into structured data, offering transcription, captioning, subtitling, translation and localization, audio description, dubbing, voice services, keyword extraction and data labeling. Its platform combined automated speech processing with human review (a human-in-the-loop model) to produce time-aligned transcripts and captions, and it positioned the resulting media data as a means of improving content search, discovery, engagement and accessibility compliance.

The company sold into entertainment, enterprise and education markets, with customers including universities and media organizations. Alongside its web portal, cielo24 published a Web Services Platform API that let developers integrate transcription, captioning and keyword extraction into their own applications, with sandbox and production endpoints, sub-accounts, callbacks and polling, job control operations, translation ordering, caption burn-in and multiple output formats including its ElementList format.

cielo24 was acquired by Rev, a speech-to-text company, and its standalone transcription services closed; September 30, 2025 was its last day in operation. Customer data was not automatically transferred to Rev, and competing vendors including 3Play Media and Verbit publicly courted former cielo24 customers.

Founding story

cielo24 was founded in 2012, spun out of another Santa Barbara, California startup, to make spoken media searchable by transcribing audio and video for online platforms and higher education institutions. One account lists the founders as Brian Plackis-Cheng, Jim Kwon, Rusty Reed and Vietor Davis.

Business model

cielo24 sold media accessibility and media data services — captions, transcripts, translation/localization, audio description, dubbing and data labeling — to organizations, delivered through a self-service web portal, a free trial, integrations with video platforms, and a developer API. Delivery combined machine automation with human editors and reviewers.

Fee-based sales of transcription, captioning, translation, audio description, dubbing and data-labeling services, with recurring revenue reported as ARR and access sold via self-service, enterprise accounts and an API.

Traction

Reported doubling of ARR to $3.9M in 2016 with hundreds of clients including Coursera, The Wall Street Journal, Kaltura and Harvard; a company profile later cited $5M in trailing-twelve-month revenue and 27 employees. Headcount reached nearly 70 at peak before declining. The company returned to profitability within 18 months of a 2019 leadership change, then lost profitability after the departure of its largest customer.

Latest developments

Rev acquired cielo24 and closed its standalone transcription services, with September 30, 2025 as the last day of operation. The wind-down was managed with SimpleClosure, and cielo24's accumulated media data assets were sold for a mid-six-figure sum to an organization working in language technology. Third-party vendors 3Play Media (October 2025) and Verbit (November 2025) published migration guidance aimed at former cielo24 customers.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

cielo24 competed in the transcription, captioning and media accessibility market against providers such as Rev, 3Play Media and Verbit, positioning on human-in-the-loop accuracy, multilingual support and ease of upload as well as cost-effectiveness. Following its closure, competitors publicly targeted its customer base, noting gaps in the acquirer's offering around live captioning, audio description, localization and platform integrations.

Technology

A hybrid machine-and-human platform for speech-to-text: automated speech recognition and machine learning combined with human editing and quality review to produce transcripts, time-aligned word-level datasets, captions, translations and keyword/metadata extraction. The cielo24 Web Services Platform API exposed job creation and management, media upload (including pre-signed URLs and embedded media), transcription and translation ordering, transcript, caption and ElementList retrieval, caption burn-in, aggregate statistics, sub-accounts, callbacks and polling.

Go-to-market

Direct sales into education, media and enterprise accounts supported by a free trial and self-service portal, developer API access, and integrations with video and learning platforms; the company maintained a blog and public API documentation. Its team included staff in strategic accounts and customer success roles.

Video publishers and content owners in the entertainment, enterprise and education markets, including universities, media organizations and online course platforms; named clients have included Coursera, The Wall Street Journal, Kaltura and Harvard.

Geography

Headquartered at 1029 State Street, Santa Barbara, California, with offices opened in New York and California during its growth period; services covered English and foreign-language captioning, translation and localization.

History

Founded in 2012 as a transcription company spun out of another Santa Barbara startup, with the initial aim of making spoken media searchable for online platforms and higher education institutions. Between 2014 and 2015 the team explored using its corpus of labeled speech data to train machine learning models. The company raised venture funding, opened offices in New York and California, and grew to nearly 70 employees at its peak. In 2016 it reported doubling ARR to $3.9M with clients including Coursera, The Wall Street Journal, Kaltura and Harvard. Shanna Johnson, an early employee and COO, left in 2016 during a difficult fundraising period and was brought back by the board as CEO in 2019, at which point the company held thousands of dollars in cash against millions in liabilities; it returned to profitability within 18 months, aided by pandemic-driven demand for online courses and digital media, and paid down debt. After losing its largest customer, profitability disappeared and the company wound down, using SimpleClosure to manage the shutdown. Rev acquired cielo24 and the service closed on September 30, 2025, with the company's decade-plus of data assets sold to a buyer in language technology for a mid-six-figure amount.

Risks & controversies

The business was concentrated enough that the loss of its largest customer eliminated profitability and contributed to the decision to wind down. During the shutdown the company faced cap table complexity, creditor obligations, voting thresholds and asset disposition; a formal assignment for the benefit of creditors was considered too expensive. Competitors noted that customer data would not automatically transfer to the acquirer and raised questions about data security and platform flexibility.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual recurring revenueJan 2016$3.9M
EmployeesJan 202511-20
Peak headcountJan 202570 people
Total funding raisedJan 2025$10M
Trailing twelve month revenueJan 2016$5M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Sep 2025
cielo24 standalone transcription services close

September 30, 2025 was cielo24's last day in operation; its standalone transcription services were closed and customers were directed to migrate to Rev or alternative providers, with data not automatically transferred.

source ↗

Jan 2025
Rev acquires cielo24

Rev, a speech-to-text company providing transcription, captions and subtitles, acquired cielo24 and absorbed its services into Rev's ecosystem.

source ↗

Jan 2025
cielo24 data assets sold during wind-down

During a SimpleClosure-managed shutdown, cielo24's decade-plus of media data assets were sold for a mid-six-figure amount to an organization working in language technology.

$500K source ↗

Jan 2019
Shanna Johnson returns as CEO

The board brought back Shanna Johnson, an early employee and former COO who had left in 2016, as chief executive officer in 2019.

source ↗

Jan 2016
ARR doubles to $3.9M

The company reported doubling annual recurring revenue to $3.9M in 2016 with hundreds of clients including Coursera, The Wall Street Journal, Kaltura and Harvard.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Cielo24Delaware

In the news

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Cielo24 do?
cielo24 was a video data company providing captioning, transcription and media data labeling; acquired by Rev and closed in 2025.
Who are Cielo24's investors?
Cielo24's investors include aVenture, Montage Capital, Pereg Ventures, Ff Venture Capital, Indicator Ventures, North Base Media, Wavemaker Partners.
How much funding has Cielo24 raised?
Cielo24 has disclosed $9.7M raised across 2 rounds.
Where is Cielo24 headquartered?
Cielo24 is headquartered in Santa Barbara, US.