Follow The Money: 10 Recent Tech VC Investments To Watch In December


Ooyala

Headquarters: Mountain View, Calif.

CEO: Jay Fulcher
New Funding: $43 million
Round: Undisclosed
Backers: Telstra

As more and more users are streaming video content on their many devices, especially long-form and live content, Ooyala is positioned well to grab hold of the multibillion-dollar industry with its online video management, publishing analytics and monetization offerings. The company has already attracted notice from big names like Univision, ESPN, the PGA Tour and Bloomberg, which all use Ooyala services.

Telstra, the largest telecommunications company in Australia, is jumping on board, with an investment of $43 million in Ooyala, bringing the company's venture capital investment total to $122 million. The latest round of investment will be used for product innovation and expanding its market base.

 



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