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December 12, 2013 06:27 am GMT

Web Video Startup Ooyala Raises $43 Million From Telstra

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.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4O2jEMbOSew/

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