Australia-based telecommunications company Telstra invests an additional $43m in US-based online video platform Ooyala, after leading its $35m series E round in 2012.
Ooyala, a US-based online video platform, has received $43m funding from Australia-based telecommunications company Telstra .
Ooyala will use the funds to accelerate the development of its video streaming and analytics technologies in the United States and worldwide. This year, the online video company has launched multi-screen technologies and analytics deployments for several of its biggest customers.
In June 2012, Ooyala raised $35m of series E investment from several companies, including Telstra’s venturing unit, Telstra Applications and Ventures, as…