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Kaltura

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Kaltura, Inc.
Company typePublic
Nasdaq: KLTR
IndustryInternet Video
Founded2006; 18 years ago (2006)
Founder
Headquarters
New York City, New York
,
US
Key people
Ron Yekutiel (chairman & CEO)
Shay David (president & general manager)
Michal Tsur (president & general manager)
ServicesVideo Platform
RevenueIncrease$120.4 Million (2020)[1]
Number of employees
750 (September 2021)
Websitekaltura.com
Footnotes / references
[2][3][4][5]

Kaltura, Inc. is a New York-based software company founded in 2006.[6] Kaltura operates in four major markets: Cloud TV for operators and media companies, online video platform (OVP) offered mostly to media companies and brands looking to distribute content or monetize it, Education Video Platform (EdVP) offered to educational institutions, and Enterprise Video Platform (EVP) for collaboration, communications and marketing.

History

[edit]

Kaltura was founded in the fall of 2006 and was launched at the TechCrunch40 industry event in San Francisco on September 18, 2007.[7] At that time, the company had 20 employees, and had received $2.1 million in funding from business angels and Californian VC fund Avalon Ventures.[7][8]

In 2007, Kaltura began a partnership with the New York Public Library, whose team was headed by Joshua Greenberg. In 2008, Kaltura was selected as one of the "Global 250 Winners" by AlwaysOn.[9] Kaltura CEO and cofounder Ron Yekutiel was photographed for the article "The Suit, Vers. 3.0" in Esquire's July 2008 edition.[10]

In January 2008, the Wikimedia Foundation and Kaltura announced that they had begun a collaboration aimed at bringing rich-media collaboration to Wikipedia and other wiki websites.[11] The technology behind this project is a form of video-wiki software (of open source purport) that was integrated into the MediaWiki platform as an extension, allowing users to add collaborative video players that enable all users to add and edit images, sounds, diagrams, animations and movies in the same manner as they do today with text.[12][13]

Kaltura was a sponsor of the Wikimania 2008 event, where it announced that it is sponsoring Michael Dale, an open source video developer, to support the further development of a 100% open source video editing solution integrated into MediaWiki.[14] Kaltura is also a founder of the Open Video Alliance, a group of organizations, academics, artists and entrepreneurs, geared towards promoting open standards for video on the web.[15][16]

In July 2011, Kaltura Blackboard Inc. and Kaltura announced a partnership to integrate Kaltura's media solution in Blackboard Learn (TM).[17]

In May 2014 Kaltura purchased Tvinci for its over-the-top (OTT) TV service.[18] In August 2016, Kaltura announced that it had raised $50 million from Goldman Sachs.[19] Also in 2016, Kaltura partnered with Inception, 24i Media, Encompass and Harmonic to showcase OTT experiences.[20] In 2017 a collaboration with a cloud based Unified Communications solution nominated from Gartner Inc. as Cool Vendor in Unified Communications, 2017[21][22] was announced.[23][24] In December 2017, Kaltura had 450 employees.[25] In 2019 Kaltura crossed $100 million in annual recurring revenues (ARR).[26]

In 2015, Kaltura had been supposedly planning an IPO, which by September 2020 had not happened. Co-founder Shay David, openly stated in 2017, that Kaltura had turned down a $500 million offer to acquire the company and that an IPO would only be possible when the financial data support an IPO at a valuation of close to $1 billion.[27]

In April 2019 Kaltura announced its intention to develop Cloud TV with Dativa through a dedicated data lake.[28][29]

In early 2020 Kaltura announced its acquisition of Newrow, a platform for collaborative online meetings.[30] In which they provide an internal portal for managing video content to over 600 educational institutions including Harvard, Princeton, and Stanford. Allowing them to reach more than six million students in North America.[27]

Corporate affairs

[edit]

Kaltura currently has offices in Brazil, Israel, Singapore, the United Kingdom, and the United States.[2]

Leadership

[edit]

Kaltura is managed by chairman, CEO and Co-founder Ron Yekutiel. Other key executives are:[31]

  • Shay David, President, General Manager, Media & Telecom and Co-founder
  • Nuno Sanches, General Manager, Media and Telecom[32][33]
  • Michal Tsur, President, General Manager, Enterprise & Learning and Co-founder
  • Sergei Liakhovetsky, Chief Technology Officer
  • Yaron Garmazi, Chief Financial Officer
  • Sigal Srur, Chief Human Resources Officer
  • Ido Wiesenberg, Senior Vice President, Corporate Development
  • Yehiam Shinder, Chief Information Officer

Products

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Kaltura is also working on privacy, search and virtual lounges for one-to-one networking.[27]

Awards

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  • 2007: People's Choice award in the Video Sharing category for the Mashable Open Web Awards[8]
  • 2008: "Global 250 Winners" by AlwaysOn[9]

In 2018, Inc. named Kaltura as one of "20 Tech Innovators to Watch".[34]

In 2020, Kaltura was added to TechCrunch's "$100 million ARR club", a list of companies that exceed $100 million in annual recurring revenue (ARR).[35]

References

[edit]
  1. ^ "Video platform operator Kaltura files IPO prospectus".
  2. ^ a b Lagorio-Chafkin, Christine (February 14, 2014). "How Kaltura Went From Free-Spirited Collaboration Tool to the Future of Online Video". Inc. Retrieved September 18, 2016.
  3. ^ Longwell, Todd. "OTT Tech Provider Kaltura Scores $50M in Pre-IPO Funding". videoink. Retrieved August 24, 2016.
  4. ^ "Ron Yekutiel interview on Startup Camel Podcast". Startup Camel. Archived from the original on August 1, 2017. Retrieved February 28, 2015.
  5. ^ "Kaltura Co-Founder and President Dr. Michal Tsur Talks About Her Start-Ups". Jewish Business News. April 10, 2014. Retrieved August 24, 2016.
  6. ^ "Conversation with Kaltura Founder Ron Yekutiel". CenterNetworks.
  7. ^ a b Mark Hendrickson: Kaltura Wins Spot as 40th Company at TechCrunch40 TechCrunch, September 18, 2007
  8. ^ a b "Open Web Awards: Final Winners Announced!". Mashable. December 21, 2007.
  9. ^ a b AO Global 250 Winners July 17, 2008
  10. ^ "The Suit, Version 3.0" Esquire online, July 7, 2008
  11. ^ Wikipedia Invites Users to Take Part in Open, Collaborative Video Experiment Archived January 8, 2017, at the Wayback Machine. Wikimedia press release, January 17, 2008
  12. ^ Sawers, Paul (November 8, 2012). "Wikipedia Launches its HTML5 Video Player". The Next Web. Retrieved November 23, 2020.
  13. ^ "Wikipedia Gains a New Video Player, Thanks to Kaltura". Streaming Media Magazine. November 9, 2012. Retrieved February 23, 2021.
  14. ^ Joanie Dale says (July 23, 2008). "Kaltura sponsors Michael Dale, open source video developer — Wikimedia blog". Blog.wikimedia.org. Retrieved September 13, 2013.
  15. ^ "Open Source Threatens to Disrupt, Expand Online Video Market". Wired. ISSN 1059-1028. Retrieved February 23, 2021.
  16. ^ "BLACKBOARD : and Kaltura Partner to Offer Rich-Media Tools to Educational Institutions". www.marketscreener.com. July 14, 2011. Retrieved March 23, 2021.
  17. ^ "Blackboard and Kaltura Partner to Offer Rich-Media Tools to Educational Institutions". www.marketscreener.com. July 14, 2011. Retrieved March 8, 2021.
  18. ^ Tom Cheredar: Kaltura buys Tvinci to become the Swiss army knife of video platforms VentureBeat, May 1, 2014
  19. ^ "Open-source video platform Kaltura raises $50M from Goldman Sachs, confirms plans to IPO". VentureBeat. August 8, 2016.
  20. ^ "Kaltura in VR Alliance". Broadband TV News. September 7, 2016. Retrieved March 8, 2021.
  21. ^ Cool Vendors in Unified Communications, 2017, May 11, 2017, Gartner Inc. Retrieved August 24, 2017
  22. ^ eyeson: VisoCon Named a 2017 Cool Vendor by Gartner Archived August 25, 2017, at the Wayback Machine, July 31, 2017, CommsTrader. Retrieved August 25, 2017
  23. ^ Kaltura-Kunden koennen nun eyeson, eine cloudbasierte Conferencing Software, nutzen, February 2, 2017 pressetext. Retrieved August 25, 2017
  24. ^ How to Run a Successful Video Meeting, January 17, 2017, VisoCon. Retrieved August 25, 2017
  25. ^ "Kaltura CEO: We're in this for the long haul". Globes (in Hebrew). December 6, 2017. Retrieved May 6, 2020.
  26. ^ "The $100M ARR club welcomes four new members". TechCrunch. January 22, 2020. Retrieved February 23, 2020.
  27. ^ a b c Cohan, Peter. "Brightcove Is Not How To Play Video Cloud Market. Kaltura Could Be". Forbes. Retrieved February 18, 2021.
  28. ^ Kaltura teams up with Dativa for cloud TV services Published by broadbandtvnews.com on April 9, 2019. Consulted on May 29, 2019
  29. ^ Kaltura and Dativa Enter Strategic Partnership to Develop Industry First Cloud TV Data Lake Published by globenewswire.com on April 9, 2019. Consulted on May 29, 2019
  30. ^ "Kaltura Expands Enterprise Capabilities with Newrow Acquisition". January 23, 2020.
  31. ^ "Kaltura Management Team and Investors". Kaltura. Retrieved December 19, 2019.
  32. ^ "Nuno Sanches". Topio Networks. Retrieved March 25, 2021.
  33. ^ Briel, Robert (February 19, 2020). "Q&A: Nuno Sanches, General Manager of Media and Telecom, Kaltura". Broadband TV News. Retrieved March 25, 2021.
  34. ^ Kerpen, Dave (September 11, 2017). "20 Tech Innovators to Watch in 2018". Inc.com. Retrieved March 30, 2020.
  35. ^ "The $100M ARR club welcomes four new members". TechCrunch. January 22, 2020. Retrieved March 30, 2020.
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