Kaltura raises $25m to fuel expansion

Kaltura, the open source video platform, has secured an additional $25 million of funding from new investors Mitsui & Co. Global Investment and Orix Ventures, with existing investors Nexus Venture Partners, Intel Capital, .406 Ventures and Avalon Ventures participating. With a prominent position in the Americas, and growing presence in Europe, Kaltura is now also setting its sights on the Asia-Pacific region.

Kaltura offers a complete suite of commercial video applications as well as an open-source development platform that includes hundreds of flexible and extendible APIs. Kaltura’s applications and platform enable video workflows, including ingestion, transcoding, management, distribution, publishing, engagement, monetisation, and extensive analytics. Kaltura is currently deployed in over 300,000 organisations, including leading media companies such as HBO, Warner Bros and Paramount.

“Kaltura has emerged as the leader in flexible video delivery designed for the cloud. What fuels the company’s hyper growth is our flexible platform, which enables us to launch integrated products that transcend us beyond the traditional online video platform space into other large industries such as Education Technology and Enterprise Collaboration” said Ron Yekutiel, Kaltura Chairman and CEO “We intend to use this new funding to expand our product offering, and to grow into additional industries and geographies.”

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