Kaltura, a NYC-based video cloud, acquired Newrow, a South Plainfield, New Jersey-based video conferencing and collaboration platform.
The amount of the deal was not disclosed.
Through this acquisition, Kaltura expands its presence in the Video Conferencing and Meeting Solutions markets. The combination of Kaltura and Newrow brings to the market a new meeting experience that can be used for a range of use cases, including town-hall executive communication, internal collaboration, learning and training, external meetings and presentations as well as webinars.
The new Meeting Experience offers a new virtual meeting room, delivered using WebRTC and including a set of real-time interactive features and specialized meeting capabilities. Teams can brainstorm and draw on a collaborative digital whiteboard, split to smaller discussion groups in breakout rooms, share videos in a synchronous high-quality playback, take meeting notes together, and take live quizzes to gauge understanding and increase engagement. Meeting hosts control the entire experience with advanced capabilities, such as advanced content management that supports a wide variety of file types, content playlists, attendance and focus indicators, cloud recording, and session statistics and insights. Live session recordings can be enriched, edited, analyzed and then provided as on-demand materials for use across the organization, enhancing the lifetime value of each meeting or training session.
Founded in 2016 and led by Ofir Zukovsky, CEO, Newrow provides virtual classroom and video-conferencing solutions used by global enterprises and educational institutions, such as Microsoft’s TEALS program, Thomson Reuters, Caterpillar, NAPA, NTT Data, Berlitz, University of South Florida, and South College.
Led by Ron Yekutiel, Co-founder, Chairman and CEO, and Dr. Michal Tsur, Kaltura Co-founder and President, Kaltura provides a video cloud, powering the broadest range of video experiences. Its products are used by thousands of global enterprises, media companies, service providers and educational institutions, engaging hundreds of millions of viewers at home, at work, and at school.