Funding will be used to improve the technology behind the product and hire additional employeesRead more...
Motorola expresses interest in Ooyala's multi-screen solution, Ooyala Everywhere
Online video publishing company Ooyala has gotten a big new backer. Motorola Mobility announced Tuesday that it has invested an undisclosed sum into Ooyala through its investment arm, Motorola Mobility Ventures.
While the amount was not disclosed, Ooyala has previously raised $44 million across four rounds of funding from Ron Conway, Sierra Ventures, Rembrandt Venture Partners, CID Group, and ITOCHU Corporation.
The announcement comes shortly after Ooyala launched its new cross-platform viewing solution, Ooyala Everywhere, which allows content owners to distribute their videos across several different platforms, including tablets, smartphones, connected TVs, and browsers. Viewers are authenticated through Facebook Connect and can switch between devices as they watch a video through Personalized Playback. For example, a user can start watching a video on an iPad, stop, and then pick up where they left off on their Google TV.
Ooyala Everywhere also includes Ooyala Social, which lets Web video distributors and studios make their videos available on Facebook. The service allows fans to watch, share, rent, and purchase videos, and even hold live chats as they watch. Additionally, Ooyala Social lets content owners to create group activated “screenings,” which allows users to unlock content only when a certain number of people log on to watch.
Some big names have already signed on to use Ooyala Social, including Miramax.
"Motorola Mobility continues to drive toward delivering converged, multi-screen experiences," said Wallace Pai, Motorola Mobility’s VP of corporate development and ventures. "We share a common vision with Ooyala, and look forward to building on the synergies between our two companies."
Ooyala currently has over 1,000 customers who reach some 100 million viewers a month. Approximately one billion streams are delivered each month.
The announcement comes just weeks after Google announced its plans to acquire Motorola for a hefty $12.5 billion. The acquisition has not yet been cleared by regulatory approval.
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Ooyala is a video technology company that provides an integrated platform enabling the delivery, management, and monetization of high quality video content. Focused on innovation and scalability, Ooyala is committed to providing the most comprehensive video solutions to companies worldwide.Ooyala is headquartered in Mountain View, Ca with sales operations in New York, NY and London, UK.
"Ooyala" means cradle in Telugu, a Southern Indian language. We like the name because it demonstrates what we are doing -- cradling a new form of innovation.
Ooyala was founded in early 2007 by Sean Knapp, Belsasar Lepe and Bismarck Lepe - all former Google employees. While at Google, they worked on the development and launch of various monetization and content distribution products such as AdSense, AdWords and Google Web Search. After four years of engineering and product development at the biggest Internet company in the world, the three left Google to start Ooyala. Ooyala has raised over 10 million dollars in funding and has in excess of 5000 publishers using its syndication platform - Backlot. Ooyala's goal is to build a successful technology company that focuses on delivering the best video experience to video content providers, advertisers and most importantly consumers.