Video Analytics Specialist Ooyala Raises $22m

In the US, video technology, analytics and monetization firm Ooyala has raised more than $22m in financing from new and existing investors, adding to the $42m the firm has raised in the past three and a half years.

Founded in 2007, Ooyala has developed an end-to-end video platform to enable media and non-media companies to manage, publish, analyze, and monetize their video assets. The company is headquartered in Silicon Valley, with additional offices in Los Angeles, New York, London, Paris, Sydney and Guadalajara.

New investors in this round of funding include Shanghai-based The CID Group, and ITOCHU Technology Ventures, headquartered in Tokyo.

'We are extremely excited to have CID Group and ITOCHU Technology Ventures as new investors,' states Jay Fulcher, President and CEO of Ooyala. 'This financing will accelerate our pace of innovation and new customer acquisition as we continue to set the bar for how customers utilize and monetize video.'

Web site: www.ooyala.com .