Web Video Startup Ooyala Raises $43 Million From Telstra

Screen Shot 2013-12-12 at 4.02.38 pm

Wow, I hope Telstra give Muru-D that much operational funding.

Congrats John Treloar and Ooyala global team a great result after only a little over three years locally.

TechCrunch

Video distribution startup Ooyala raised another $43 million today, in a round of funding led by Australian telecom service provider Telstra. The funding brings the total amount raised to more than $120 million, and buys the company some time before it might have to go public. Ooyala customers include ESPN, Fox Sports, Pac-12 Network, and, uh, Telstra.

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