Goldman Sachs Kaltura $50 million financing

by admin

August 9 Japanese: Recently, open video platform Kaltura announces a $50 million venture capital investment, the investor is well-known investment firm Goldman Sachs, at the same time the company has announced plans to IPO listed.

 

Kaltura was founded in 2006, headquartered in New York. The company offers customized video, image and audio features that allow media companies and publishers to manage, analyze and monetize their online video. In addition, Kaltura also provides a set of API, can achieve transcoding, distribution and other functions.

before the current round of financing, Kaltura has raised $115 million in financing, the last round was $47 million in 2014. In addition, the company has been seeking mergers or acquisitions in recent years IPO. In October 2015, it was reported that Kaltura company asked Goldman Sachs Group to help them raise more than 100 million U.S. dollars of financing, the form may be through IPO or further private investment. However, this time, Goldman Sachs Group directly through the Private Capital Group invested $50 million, Kaltura called IPO before the financing arrangements. After this financing, the total financing Kaltura has reached $165 million, a report says its valuation for hundreds of millions of dollars level.

Kaltura has not given a specific timetable for the listing, but the money will be used for their global expansion.

in fact, the cooperation of the company organization from various industries, including Bank of America, Intel, SAP, Oracle, Groupon, Nestle, PHILPS, Viacom, Vodafone, HBO, Warner Brothers and Taghit, which paid business customers more than 1000, the average monthly visitors more than 700 million people. Kaltura such a large customer base, but also to attract investment in Goldman Sachs key.

addition, as part of this investment, Goldman Sachs investment team vice president Holger Staude will join the board of directors of Kaltura.

Leave a Reply

Your email address will not be published.
*
*