Kaltura Inc

Kaltura Inc (KLTR) priced its initial public offering on Jul 22, 2021 at $10.00 per share, within its $9.00–$11.00 range, raising $150M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $1.24B. Goldman Sachs was lead-left underwriter, joined by BofA Securities, Wells Fargo and Deutsche Bank and others. Latham & Watkins advised the company and Davis Polk advised the underwriters.

Kaltura Inc. provides a cloud video platform with live, real-time and on-demand products, including video portals, webinars, virtual events and meetings. It also offers solutions for education and a TV solution for media and telecom companies, built on APIs and SDKs.

Status

IPO

Ticker

KLTR

Exchange

Nasdaq Global Select

Priced

Jul 22, 2021

IPO price

$10.00

Price range

$9.00–$11.00

Raised

$150M

Market cap at IPO price

$1.24B

First filed

Mar 1, 2021

Underwriters

Goldman Sachs, BofA Securities, Wells Fargo, Deutsche Bank, Canaccord Genuity, Citizens JMP, KeyBanc, Needham and Oppenheimer

Company counsel

Latham & Watkins

Underwriters' counsel

Davis Polk

Sector

Technology

Country / state

NY

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.