Tuesday, October 13, 2009

Ooyala Raises $10M More

Mountain View-based Ooyala, a developer of a video hosting application and platform, said last night that it raised $10M in a Series C funding round. The round was led by Rembrandt Venture Partners, and also included prior investors Sierra Ventures. In Sik Rhee of Rembrandt joins the firm's board with the funding. Ooyala said the new round brings the company's total raised to $20M. More information »