Ooyala Raises $8.5M More
Ooyala, a platform for video delivery and advertising, has raised $8.5 million in second-round funding led by Sierra Ventures, the company announced on its blog this week. That brings Ooyala’s total funding to $10 million, according to founder Bismarck Lepe.
Ooyala had taken first place in the Amazon Web Services Start-Up Challenge last month, winning $100,000 in cash and services. We profiled the company back in October. See an example/commercial for the company embedded above (sorry, we made the player quite small, but you should still be able to bump it up to full screen).
Credit where credit is due: VentureBeat had noted the funding earlier today, and paidContent first reported on it in December.
Categories
Recent
GigaOM Network
GigaOM Jobs Feed
- User Experience Manager/Producer (Cars.com) at Cars.com (Chicago, Illinois)
- Account Manager at FutureWorks PR (Sunnyvale, California)
- Sr. Executive Support Specialist at Waggener Edstrom Worldwide (Seattle, Washington)
- Sr. Desktop Support Specialist at Waggener Edstrom Worldwide (New York, New York)
Copyright 2001–2008 Giga Omni Media, Inc. All rights reserved. Design by GNV & Partners. Powered by WordPress.com. Marketing consulting by 
ACS.
Liz
We didn’t “heard it rumored”…we reported on the facts on the funding…except for the amount, we had everything confirmed when we reported on it. If we report on a rumor, we say so in our stories…
Rafat on January 24th, 2008 at 9:39 pm - Permalink
Sounds interesting. Sports is always a great segment to initially go after - if you can get the commercial rights.
Will keep an eye on them. Any more information in the HD delivery aspects?
Frank Sinton on January 24th, 2008 at 9:57 pm - Permalink
don’t see how ooyala going to compete against competitors such as Brightcove or Akamai on 8.5M. particularly since this round actually closed six months ago. DOA.
leopold on January 24th, 2008 at 9:59 pm - Permalink
[...] (quoted from VentueBeat and newteevee) [...]
Ooyala raises $8.5M for new way to advertise in video « Interactive Videos Digger on January 24th, 2008 at 10:16 pm - Permalink
Sorry Rafat, I changed the wording.
Leopold, I agree that the competitors have way bigger warchests.
Liz Gannes on January 25th, 2008 at 9:20 am - Permalink
[...] Sean Knapp, Belsasar Lepe and Bismarck Lepe founded Ooyala, a video delivery platform, in early 2007. So far, they’ve raised about $10 million. [...]
Where have all the Googlers gone? | Jim Stroud's The Recruiters Lounge on April 11th, 2008 at 7:08 pm - Permalink