Kaltura raises $25M for online video management

Kaltura, an open office-based online video platform, has pulled in $25 million in Series D financing from new investors Mitsui Global Investment and Orix Ventures and existing investors Intel Capital, 406 Ventures, Avalon Ventures and Nexus Venture Partners. The new investment comes on top of a $20 million funding round led by Nexus and Silicon Valley Bank in February of this year.

Kaltura said it will use the new money to expand its presence beyond the United States and Europe and into the Asia-Pacific market.

Kaltura offers free open source platforms so enterprises can "manage, distribute, publish, engage, monetize and analyze video content," according to VC Circle. Its product portfolio includes a standalone video management console, private video portal and online video plug-ins for popular content management systems. The platforms can be deployed on Kaltura's SaaS cloud and are supported on PCs, tablets, smartphones, set-top boxes and connected devices.

Founded in 2007, Kaltura says more than 300,000 organizations use its platform, including Wikipedia, HBO, Warner Bros., Paramount, Accenture, Bank of America, AstraZeneca, Groupon and NASA.

For more:
- VC Circle has this story

Related articles:
Gogo supplying in-flight broadband upgrade to United Airlines
New Kaltura solution simplifies social video for enterprise

Suggested Articles

Virtual MVPD Sling TV has launched on Facebook’s Portal TV.

Minnow is a new app that wants to serve as a Spotify for streaming video by providing users with unified search, aggregation and customized playlists.

As cord cutting trends accelerate and new SVOD giants like Disney+ take their first steps in the world, one analyst is ready to proclaim live TV dead.