Ooyala enjoys $35m investment boost

Ooyala has raised $35 million in new capital to standardise digital video experiences provided by multi-service operators (MSOs) and TV programmers worldwide on the Ooyala video streaming and discovery platform.

Telstra Applications and Ventures Group, a subsidiary of Australia’s largest telecommunications and information services company Telstra, led the investment.

Telstra is also set to become a major Ooyala customer and reseller, deploying Ooyala software, analytics and service offerings throughout Australia.

Read the full Advanced Television article here.