Israeli start-up Kaltura, the leading open source video platform, has announced an additional The company released a Video Extension for IBM Connections.
The financing round was led by new investors
"The rapid adoption of our technology around the globe is a testament to the central role that video plays in every facet of our connected lives. We are proud to enable and streamline the creation of hundreds of video-enabled applications and workflows, and to assist hundreds of millions of people to improve the way they work, learn, collaborate and entertain using video," said
The funding comes on the heels of a super successful year. Kaltura, which was founded in 2006 as the world's first and only open-source online video platform for media management and custom app development, won numerous titles from technology magazines for its performance in 2013.
It was recently named "One of 10 Wildly Successful Start-ups" by Inc. Magazine, "One of 5 Companies That Made Media Consumption Smarter This Year" by Forbes and "One of 5 Companies That Transformed Enterprise Communication in 2013" and "One of Top 5 Start-ups Revolutionizing Education" by Business Insider.
"Video will soon constitute two-thirds of all mobile data, and as such is an area of great interest for us as a leader in enabling mobility," said
Kaltura said it will use the additional capital to further accelerate product development, and extend operations into
"Following our success in
In related news, Kaltura announced that its new Video Extension for IBM Connections combines the company's market leading enterprise video platform with
"The powerful combination of Kaltura and IBM Connections empowers employees with intuitive video tools that they are already comfortable using within their social business environment, while providing peace of mind to IT [information-technology] by allowing to securely centrally manage all rich media content in the organization," said Yekutiel.
Israeli start-up Kaltura, the leading open source video platform, has announced an additional
The company released a Video Extension for IBM Connections.