TokBox Rolls Out Video Recording API, Primes Its Monetization Pump

TokBox, a Sequoia-backed startup that offers tools for quickly integrating video�functionality�into apps and websites, is launching a new feature today for its OpenTok suite of video APIs: video recording and archiving. You may remember TokBox as the service that let users quickly jump into live video chats with each other, sort of like a web-based Skype video. But that changed this past February, when TokBox�shuttered�its struggling consumer-facing products and decided to focus exclusively on a set of video-focused APIs, storage, and streaming features collectively called the OpenTok platform. Obviously giving users the ability to record, save, and share video clips isn't a new idea ?�people do it every day on sites like YouTube and Facebook ?�but the new video archiving�API makes it relatively easy for other sites to integrate their own custom solutions.

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