Kaltura has secured an additional $20 million in a round of financing led by new investors Nexus Venture Partners with participation from Intel Capital, existing investors .406 Ventures and Avalon Ventures, and technology lender Silicon Valley Bank.
Over the last 18 months Kaltura's open-source video management platform has rapidly grown to become the most widely adopted solution in the market, far eclipsing the combined publisher-base of all proprietary online video platforms such as Brightcove. Serving more than 100,000 publishers, Kaltura's products and services cater to companies across all sectors with focus on four verticals -- media companies, enterprises, educational institutions, and service providers. Users include Fox, Paramount, HBO, Warner Brothers, The Times of India, Best Buy, Texas Instruments, Coldwell Banker, MIT, Yale, Stanford, Princeton, NYU, Columbia University, and Siemens.