“We are excited to acquire Rapt Media and incorporate its unique video-branching technology into our portfolio of video solutions for any organization,” said Ron Yekutiel, chairman, CEO, and co-founder of Kaltura. “I am excited that Rapt Media customers can now benefit from Kaltura’s wide range of video solutions and easily expand their video strategy to support any use case that may arise today and in the future.” “What an honour it is for our vision and technology to be recognised by a video technology powerhouse like Kaltura,” said Erika Trautman, CEO and founder of Rapt Media. Rapt Media, which was founded in 2011 and raised $12m in funding, offers customers interactive video technology for a range of uses cases. Rapt Media’s roster of customers – including Mercedes, EMC Dell, Alight Solutions, and eBay- will now become Kaltura customers and get access to Kaltura’s wide range of video solutions. The acquisition follows a successful partnership and integration in 2017 among companies – and several joint customer wins including Eli Lilly and Thomson Reuters. Video technology provider Kaltura has acquired the interactive personalised video startup Rapt Media for an undisclosed amount.
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