After adding a number of new features in its last update, professional video hosting and marketing service Vidyard has just announced a major milestone: passing 1 million plays per day, right after hiring Freshbooks VP of Marketing Mitch Solway to prepare for future growth.

The Y Combinator alum has seen rapid growth since we first discovered it back in August 2011, reaching 1 million plays in its first five months and then hitting that milestone daily. As we’ve explained, Vidyard provides professional-level video hosting and has made a name for itself by pulling in videos from YouTube, making them look better, offering additional functionality, and then providing killer stats along with them. That core service, along with a number of additional tools, has led the company to success.

From Vidyard CEO Michael Litt:

One million plays per day is the tip of the iceberg. We’re laying the groundwork to scale much higher. It’s only a matter of time before one million plays per day turns into a million per minute.

According to the company’s announcement, Freshbooks’ Mitch Solway will immediately join Vidyard, holding the same role (VP of Marketing) to help scale Vidyard’s growth.

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