has secured an additional $20 million in a round of financing led by new investors Nexus Venture Partners with participation from Intel Capital, existing investors .406 Ventures and Avalon Ventures, and technology lender Silicon Valley Bank.
Over the last 18 months Kaltura's open-source video management platform has rapidly grown to become the most widely adopted solution in the market, far eclipsing the combined publisher-base of all proprietary online video platforms such as Brightcove. Serving more than 100,000 publishers, Kaltura's products and services cater to companies across all sectors with focus on four verticals -- media companies, enterprises, educational institutions, and service providers. Users include Fox, Paramount, HBO, Warner Brothers, The Times of India, Best Buy, Texas Instruments, Coldwell Banker, MIT, Yale, Stanford, Princeton, NYU, Columbia University, and Siemens.
Organizations use Kaltura to enhance their websites, web-services, or web-platforms with advanced customized video, photo and audio functionalities with rich-media ingestion, encoding, management, publishing, delivery, distribution, engagement, monetization, and analysis. The platform supports delivery to PCs, mobile devices, tablets, TVs, and other connected devices, with expertise in all related technologies, including Adobe Flash and Microsoft Silverlight. Kaltura's HTML5 Video
library has become an industry standard, embraced by leaders such as Adobe and Wikipedia.
In a related announcement at the Mobile World Conference, Intel unveiled today a series of investments in the mobility space, including the investment in Kaltura. Intel Capital's investment will help enhance the delivery of rich-media functionalities on tablets, mobile phones, and other connected devices, with a special emphasis on supporting the MeeGo mobile operating system and Intel's AppUp application store.