|By Marketwired .||
|November 20, 2012 08:00 AM EST||
NEW YORK, NY -- (Marketwire) -- 11/20/12 -- Kaltura, the leading open source video platform, announced today that it had secured an additional $25 million of funding from new investors Mitsui & Co. Global Investment, Inc. and ORIX Ventures, with existing investors Nexus Venture Partners, Intel Capital, .406 Ventures and Avalon Ventures participating. With a leading position in the Americas, and growing presence in Europe, Kaltura is now also setting its sights on the Asia-Pacific region.
Recently recognized in Forbes as 'one of the six fastest growing tech companies,' in VentureBeat as a 'next billion dollar enterprise tech company,' in Business-Insider as 'one of top 5 startups revolutionizing education' and 'one of 5 greatest open-source technologies for 2012,' and in Mashable as 'one of top 5 social enterprise technologies for business,' Kaltura has rapidly become a game-changer in the online video space.
Kaltura offers the industry's most complete suite of commercial video applications (http://www.kaltura.com) as well as an open-source (http://www.kaltura.org) development platform that includes hundreds of flexible and extendible APIs. Kaltura's applications and platform enable video workflows, including ingestion, transcoding, management, distribution, publishing, engagement, monetization, and extensive analytics. Kaltura offers out-of-the-box video solutions and products including, for example, a standalone video management console, a private YouTube-like video portal, and online-video plug-ins for popular content management systems such as Drupal, SharePoint, Blackboard, Moodle, and Sakai. The platform, supported by a large global developer community of more than 40,000 members, also powers tens of off-the-shelf reference applications and hundreds of plugins, which can be found in the Kaltura Exchange. The Kaltura platform and its applications can be deployed either on-premise or on any public or private cloud (including Kaltura's own SaaS cloud), and are supported on any device including PCs, tablets, smartphones, set-top-boxes and connected devices.
Kaltura's offerings touch hundreds of millions of viewers, employees, and students, through deployments in more than 300,000 organizations, including leading media companies such as Wikipedia, HBO, Warner Brothers, Paramount, Glam Media, BlogHer, Mevio, Gogo Internet; leading corporations such as SAP, Accenture, Bank of America, AstraZeneca, Groupon, Zappos, Nestle, and IKEA; Government agencies such as NASA, The European Television Guild, and the White House; and educational institutions such as Harvard, Yale, MIT, Stanford, Princeton, Cornell, Columbia, and NYU. Kaltura sells products and services directly to organizations, as well as via distributors and OEMs, such as InterCall and Blackboard.
Media companies use Kaltura to increase revenue through greater reach and engagement, and to reduce costs by streamlining their video operations. Enterprises use Kaltura to enhance training and onboarding, to increase productivity and collaboration, and to improve marketing and boost sales, all while reducing the cost of communication. Educational institutions use Kaltura to improve teaching and learning in the classroom and beyond, to increase student and alumni engagement, and to boost marketing and support the admissions process.
"Kaltura has emerged as the leader in flexible video delivery designed for the cloud. What fuels the company's hyper growth is our flexible platform, which enables us to launch integrated products that transcend us beyond the traditional online video platform space into other large industries such as Education Technology and Enterprise Collaboration," said Ron Yekutiel, Kaltura Chairman and CEO. "We intend to use this new funding to expand our product offering, and to grow into additional industries and geographies."
"We are delighted to join Kaltura and help its expansion into the APAC region," said Kenichi Kimura, President & CEO at Mitsui & Co. Global Investment, Inc. "We looked for our first investment opportunity in the EdTech sector and were very interested in joining Kaltura, one of the most prominent players. The fact that Kaltura is a leading provider beyond education -- in media, enterprise, and government -- makes this even more exciting for us."
"As growth stage technology investors, we analyze a lot of companies in the enterprise software space in search of the best investments," said Jeff Bede at ORIX Ventures. "Kaltura clearly stands out with its breadth of offerings, strong customer traction, cross-industry appeal, and overall disruptive vision for the delivery of video in our lives. We are thrilled to have joined Kaltura."
"Kaltura has demonstrated impressive growth, with the company continuing to outpace the industry," said Lisa Lambert, vice president of Intel Capital and managing director of the Software and Services sector. "We are delighted to continue backing this exciting company."
Kaltura provides the world's first Open Source Online Video Platform, transforming the way people work, learn, and entertain using online video. The Kaltura platform engages hundreds of millions of viewers by providing media companies advanced video management, publishing, and monetization tools that increase their reach and monetization and simplify their video operations. Kaltura improves productivity and interaction among millions of employees by providing enterprises powerful online video tools for boosting internal knowledge sharing, training, and collaboration, and for more effective marketing. Kaltura offers next generation learning for millions of students and teachers by providing educational institutions disruptive online video solutions for improved teaching, learning, and increased engagement across campuses and beyond. Kaltura was recently recognized in Forbes as 'one of the six fastest growing tech companies,' in VentureBeat as a 'Next Billion Dollar Enterprise Tech Company,' in Business-Insider as 'one of top 5 startups revolutionizing education' and 'one of 5 greatest open-source technologies for 2012,' and in Mashable as 'one of top 5 social enterprise technologies for business.' For more information: www.kaltura.com, to join Kaltura's community visit: www.kaltura.org and www.html5video.org.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 30, 2016 05:00 PM EDT Reads: 1,292
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 30, 2016 04:30 PM EDT Reads: 1,116
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 30, 2016 04:30 PM EDT Reads: 2,269
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 30, 2016 01:30 PM EDT Reads: 972
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Jul. 30, 2016 11:30 AM EDT Reads: 1,404
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Jul. 30, 2016 10:45 AM EDT Reads: 1,120
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Jul. 30, 2016 10:15 AM EDT Reads: 1,518
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Jul. 30, 2016 10:00 AM EDT Reads: 545
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jul. 30, 2016 10:00 AM EDT Reads: 2,182
It’s 2016: buildings are smart, connected and the IoT is fundamentally altering how control and operating systems work and speak to each other. Platforms across the enterprise are networked via inexpensive sensors to collect massive amounts of data for analytics, information management, and insights that can be used to continuously improve operations. In his session at @ThingsExpo, Brian Chemel, Co-Founder and CTO of Digital Lumens, will explore: The benefits sensor-networked systems bring to ...
Jul. 30, 2016 09:15 AM EDT Reads: 1,660
On Dice.com, the number of job postings asking for skill in Amazon Web Services increased 76 percent between June 2015 and June 2016. Salesforce.com saw its own skill mentions increase 37 percent, while DevOps and Cloud rose 35 percent and 28 percent, respectively. Even as they expand their presence in the cloud, companies are also looking for tech professionals who can manage projects, crunch data, and figure out how to make systems run more autonomously. Mentions of ‘data science’ as a skill ...
Jul. 30, 2016 09:00 AM EDT Reads: 624
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Jul. 30, 2016 08:00 AM EDT Reads: 790
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Jul. 30, 2016 07:45 AM EDT Reads: 734
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Jul. 30, 2016 07:45 AM EDT Reads: 2,421
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
Jul. 30, 2016 07:30 AM EDT Reads: 1,698
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Jul. 30, 2016 07:30 AM EDT Reads: 558
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jul. 30, 2016 05:15 AM EDT Reads: 2,723
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
Jul. 30, 2016 04:00 AM EDT Reads: 2,154
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
Jul. 30, 2016 03:00 AM EDT Reads: 1,672
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Jul. 30, 2016 02:45 AM EDT Reads: 1,508