Video platform Kaltura has raised $47 million in funding from SAP Ventures, Nokia Growth Partners, Commonfund Capital, and Brazil-based Gera Ventures.
Kaltura is an open-source, white-label video platform that has proven to be quite disruptive to the video publishing niche. It's MediaGo solution enables content owners (publishers, service providers, retailers) to distribute and monetize their "premium" content through subscriptions or advertising.
"The rapid adoption of our technology around the globe is a testament to the central role that video plays in every facet of our connected lives. We are proud to enable and streamline the creation of hundreds of video-enabled applications and workflows, and to assist hundreds of millions of people to improve the way they work, learn, collaborate, and entertain using video," said Ron Yekutiel, Kaltura Chairman and CEO.
Kaltura customers include media companies such as HBO and ABC, large corporations like Bank of America and Intel, and educational institutions such as Harvard, Yale, and Stanford, among others.
More on Kaltura from Website Magazine:
- Be the Next Netflix with White-Label Video Platform From Kaltura
- Editor's Pick: 10 Solutions that Impressed Us
