Kaltura, a US-based open source video platform, has raised $47m in a series E round led by SAP Ventures, the corporate venturing unit of software company SAP and Nokia Growth Partners, Commonfund Capital, and Gera Ventures. Others that took part in the latest round include .406 Ventures, Nexus Venture Partners, Intel Capital, Mitsui & Co. Global Investment and Silicon Valley Bank. The company has raised $115m to date.
The rapid adoption and popularity of video around the globe is a testament to the central role that video plays in every facet of our connected lives, whether at home, school, on the go or in the office. The sales revenues that can be generated and analysed by linked video production and distribution are also a big play for venture and corporate venturing investors as witnessed by the latest fundraising by US open source video platform company, Kaltura.
New investors SAP…
