US online video platform Kaltura has secured an additional US$25mn in funding from a group of new and existing investors which includes Intel Capital, amid plans to target the Asia-Pacific region.
New investors are Mitsui & Co. Global Investment and Orix Ventures, and existing investors Nexus Venture Partners, Intel Capital, .406 Ventures and Avalon Ventures also participated.
Kaltura offers a complete suite of commercial video applications to enable video workflows, including ingestion, transcoding, management, distribution, publishing, engagement, monetization, and extensive analytics.
The company also offers an open-source development platform that includes hundreds of flexible and extendible APIs, as well as out-of-the-box video solutions including a standalone video management console, a private YouTube-like video portal, and online-video plug-ins for popular content management systems.
The Kaltura platform and its applications can be deployed either on-premise or on any public or private cloud (including Kaltura’s own SaaS cloud), and are supported on any device including PCs, tablets, smartphones, set-top-boxes and connected devices.
The NYC-based company plans to use the new funding to expand its product offering, strengthen and expand its presence in the Americas and Europe (it opened a European HQ in London last May), and set its sights on the Asia-Pacific region.