Kaltura

Early history

Kaltura was founded in the fall of 2006 and was launched at the TechCrunch40 industry event in San Francisco on September 18, 2007, and won the People's Choice award based on a vote of the conference's attendees. 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.On December 21, 2007, Kaltura won the People's Choice award in the Video Sharing category for the Mashable Open Web Awards. Also 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. Kaltura CEO and cofounder Ron Yekutiel was photographed for the article "The Suit, Vers. 3.0" in Esquire's July 2008 edition.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. The technology behind this project is a form of video-wiki software 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.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. 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.

Recent history

In July 2011, Kaltura Blackboard Inc. and Kaltura announced a partnership to integrate Kaltura's media solution in Blackboard Learn .In May 2014 Kaltura purchased Tvinci for its over-the-top TV service. In August 2016, Kaltura announced that it had raised $50 million from Goldman Sachs. Also in 2016, Kaltura partnered with Inception, 24i Media, Encompass and Harmonic to showcase OTT experiences. In 2017 a collaboration with a cloud based Unified Communications solution nominated from Gartner Inc. as Cool Vendor in Unified Communications, 2017

was announced. In December 2017, Kaltura had 450 employees. In 2019 Kaltura crossed $100 million in annual recurring revenues .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.In April 2019 Kaltura announced its intention to develop Cloud TV with Dativa through a dedicated data lake.In early 2020 Kaltura announced its acquisition of Newrow, a platform for collaborative online meetings. 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.