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[November 20, 2012]
Kaltura raises $25 million in venture funding
Nov 20, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Kaltura, Inc., an Israel-based provider of open-source platform for video creation, management, interaction, and collaboration, has raised $25 million round of financing led by Mitsui & Co., Ltd. and ORIX Venture Finance with the participation from 406 Ventures, LLC, Intel Capital, Nexus Venture Partners and Avalon Ventures.
Mitsui & Co., Ltd. is a Japan-based trading company.
Deal Value (US$ Million) 25 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2012-11-20 Deal Participants Target (Company) Kaltura, Inc. - Israel Deal Rationale Kaltura will use the funds to develop new markets and recruit additional staff.
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