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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