The Mountain View, Calif. company, founded by ex-Google employees has claimed to have created a “new interaction and monetization platform for online and offline video,” and that it raised a large round of funding from the “typical folks in the valley and the not-so-typical guys in Hollywood.
Ooyala’s main product is an HD-capable video distribution and ad-delivery platform. The system, which is still awaiting patent-approved status, won Ooyala an Amazon-sponsored start-up competition earlier this month. They will receive a $50,000 in cash and $50,000 worth of Amazon Web Service credits.
The Ooyala system promises to offer targeted advertising, branding and buffering, which allows viewers to skip to any point in the video.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 04/01/07 | Series A | 10M | Sierra Ventures | Unknown |
| 01/24/08 | Series B | 8.5M | Sierra Ventures | Unknown |
| 10/01/09 | Series C | 10M | Rembrandt Venture Partners, Sierra Ventures | Unknown |
| View more financial info about Ooyala | ||||
People
Sean St. Clair (Director of Strategic Partnerships)
Bryan Morris (VP Finance)
Jay Fulcher (CEO)
Brian Morris (VP of Finance)
Sean Knapp (Co-Founder & President of Technology)
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