---
title: "In the News: Coverage of the Funding"
id: "8398"
type: "blog"
slug: "in-the-news-coverage-of-the-funding"
published_at: "2016-08-11T12:55:36+00:00"
modified_at: "2022-02-26T00:51:10+00:00"
url: "https://corp.kaltura.com/blog/in-the-news-coverage-of-the-funding/"
markdown_url: "https://corp.kaltura.com/blog/in-the-news-coverage-of-the-funding.md"
excerpt: "A quick round-up of some of the coverage of our latest funding round: The New York Times: Video Software Maker Kaltura Raises $50 Million From Goldman Kaltura, which makes software that allows users such as companies and universities to upload..."
taxonomy_blog_tags:
  - "announcement"
  - "funding"
taxonomy_blog_cat:
  - "Announcements"
  - "Education"
  - "Enterprise"
  - "Industry News"
  - "Kalturians in the Press"
  - "Media"
  - "Technology"
taxonomy_blog_category:
  - "Communication and Collaboration"
  - "Education"
  - "Media &amp; Telecom"
---

A quick round-up of some of the coverage of our latest funding round:

### The New York Times:

#### Video Software Maker Kaltura Raises $50 Million From Goldman

> Kaltura, which makes software that allows users such as companies and universities to upload and share video over the web, has raised $50 million from [Goldman Sachs](https://www.nytimes.com/topic/company/goldman-sachs-group-inc?inline=nyt-org)
> ’s private capital investing group.
> 
>  Kaltura plans to announce this latest round of fund-raising on Monday, without disclosing its most recent valuation. The financing is intended to be Kaltura’s last before it pursues an initial public offering. Before this financing round, Kaltura had raised $115 million from 13 investors, according to data from CrunchBase.

[Read the rest of the article here.](https://www.nytimes.com/2016/08/09/business/dealbook/video-software-maker-kaltura-raises-50-million-from-goldman.html?_r=0)

### Fast Company:

#### This video company might be New York City’s next big tech IPO

> “Video is booming,” says Ron Yekutiel, chairman and CEO of [Kaltura](https://www.fastcompany.com/company/kaltura)
> .
>  That’s good news for Yekutiel and his New York-based startup, which offers web publishers tools for managing video content. [Kaltura announced today](https://venturebeat.com/2016/08/08/open-source-video-platform-kaltura-raises-50m-from-goldman-sachs-confirms-plans-to-ipo/)
>  that it has raised $50 million from Goldman Sachs, bringing its total funding to $165 million, and is preparing for an IPO.

[Read the rest of the article here.](https://news.fastcompany.com/this-video-company-might-be-new-york-citys-next-big-tech-ipo-4016459)

### Streaming Media:

#### Kaltura Takes $50M in Pre-IPO Funding From Goldman Sachs

Online video platform [Kaltura](https://corp.kaltura.com/)
 announced that it has taken $50 million from Goldman Sachs, in what it calls pre-IPO funding. The funds will go toward expanding the company’s current efforts, rather that launching anything new. While this is pre-IPO funding, don’t expect that IPO right away.  
 *[Read the rest of the article here.](https://www.streamingmedia.com/Articles/News/Online-Video-News/Kaltura-Takes-%2450M-in-Pre-IPO-Funding-From-Goldman-Sachs-112843.aspx)*

### Other coverage:

#### Rapid TV News: [Kaltura nabs $50MN in funding for global expansion](https://www.rapidtvnews.com/2016080943908/kaltura-nabs-50mn-in-funding-for-global-expansion.html#axzz4GxqzpPP4)

#### Light Reading: [Pre-IPO, Kaltura Secures $50M from Goldman Sachs](https://www.lightreading.com/video/ott/pre-ipo-kaltura-secures-%2450m-from-goldman-sachs/d/d-id/725293)

#### Broadband TV News: [Kaltura receives $50m Goldman Sachs investment](https://www.broadbandtvnews.com/2016/08/09/kaltura-receives-50m-goldman-sachs-investment/)

#### VentureBeat: [Open-source video platform Kaltura raises $50M from Goldman Sachs, confirms plans to IPO](https://venturebeat.com/2016/08/08/open-source-video-platform-kaltura-raises-50m-from-goldman-sachs-confirms-plans-to-ipo/)

#### Multichannel News: [Goldman Sachs Unit Plows $50M Into Kaltura](https://www.multichannel.com/news/content/goldman-sachs-unit-plows-50m-kaltura/406935)

### Read the [original press release](https://corp.kaltura.com/company/news/press-release/kaltura-announces-50-million-investment-goldman-sachs) .

### Topics

- [announcement](https://corp.kaltura.com/blog_tags/announcement/)
- [funding](https://corp.kaltura.com/blog_tags/funding/)

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#### Rebecca Rozakis

With a background in engineering, finance, and nonprofit, Rebecca Rozakis has been focused on marketing for tech companies for more than a decade. Her passions include storytelling, strategy, creative design, and decorating really, really overly elaborate cakes.
