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ORIX Ventures helps Kaltura to $25m financing round

20 Nov 2012

ORIX Ventures has co-led a $25m financing round for open source video platform Kaltura alongside the investment arm of Japanese trading company Mitsui & Co.

Existing investors Nexus Venture Partners, Intel Capital, .406 Ventures and Avalon Ventures also took part in the funding round, which Kaltura said it would use to expand from the Americas and Europe into the Asia-Pacific region.

Kaltura offers a suite of commercial video applications as well as an open-source development platform including hundreds of flexible and extendible interfaces.

Jeff Bede from ORIX Ventures said, “As growth stage technology investors we analyse a lot of companies in the enterprise software space in search of the best investments.

“Kaltura clearly stands out with its breadth of offerings, strong customer traction, cross-industry appeal, and overall disruptive vision for the delivery of video in our lives. We are thrilled to have joined Kaltura.”

Intel Capital vice president Lisa Lambert added that Kaltura had demonstrated impressive growth and continued to outpace the wider industry.

This summer Orix also provided $10m in venture debt to Fuhu, the creator of the nabi tablet, an Android tablet for children.

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