The Mitsui and Intel-backed video software developer has a market capitalisation of almos $1.5bn following its initial public offering last week.
Kaltura, a US-based video software platform operator backed by semiconductor technology producer Intel and diversified conglomerate Mitsui, has raised $150m in its initial public offering.
The company issued 15 million shares on the Nasdaq Global Select Market priced at $10 each, the midpoint of its $9 to $11 range. Its shares were trading at $11.76 at close on Friday, implying a valuation of nearly $1.5bn.
Founded in 2006, Kaltura provides cloud-based video software products used for video-based activities such as…
