Virtustream Secures $15M Worth of Series B Funding

Virtustream will be looking at more product development efforts as well as further expansion in the very near future. This is with the help of their most recent acquisition of $15 million in Series B funding. They have now raised an impressive total of $75 million.

On this particular round of financing, Virtustream also welcomed a new investor – QuestMark Partners. Previous participants like TDF, as well as Columbia Capital, Intel Capital, and Noro‐Moseley Partners also took part in this Series B round.

The company’s Chairman and CEO,  Rodney J. Rogers, shares more about this exciting news in this recent e-interview with Lead411:

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Kaltura Acquires $20M In New Funding

Kaltura kicks off 2011 in high gear, as it announced last February 14 this year’s financing round which amounts to an impressive $20 million. The funding was led by a new investor, Nexus Venture Partners. Others who participated in this round are .406 Ventures, Avalon Ventures, and Intel Capital. Silicon Valley Bank, a technology lender, was also involved in the new funding.

Kaltura, Inc. is the  developer of the first and only open source online video platform, and their CEO Ron Yekutiel shares more about the company in this recent e-interview:

Who are your competitors and how are you different from them?

The alternatives for Kaltura are (1) proprietary online video platforms like Brightcove, Ooyala, thePlatform, KitDigital;   or (2) home grown solutions developed by customers.

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$ 30M Worth of Funding Secured By Kabam

If you’re a social media gamer, then you’d be glad to know that Kabam has recently received $30 million in Series C funding. Kabam is known for developing massively multiplayer social games, and their latest financing was led by Red Point Ventures and Intel Capital.

Learn more about them through this recent interview we had with their CEO, Kevin Chou.

Who are your competitors and how are you different from them?

Established social game companies like Zynga, Playdom, Playfish might be considered competitors. But, we don’t view them as direct competitors as we are creating games and targeting an audience very different from these companies who focus primarily on “casual games.”  Instead, Kabam is leading the way in creating a new segment of social gamesMassively Multiplayer Social Games (MMSGs).

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