Kaltura files again for Nasdaq IPO
The Israeli video cloud management company has refiled its prospectus after postponing its IPO at the end of March.
Israeli video cloud management company Kaltura is not giving up on its Nasdaq Initial Public Offering (IPO) despite postponing its first attempt at the end of March, probably because of lower than expected demand. Kaltura has re-submitted its prospectus although no share prices or company valuation was specified.
In its first attempt, the company planned to raise between $244 million and $278 million at a company valuation of about $2 billion, including the sale of shares by the company's founders as part of the IPO.