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Tech Buzz: Kaltura goes public on Nasdaq, Bookaway raises $35m.

After raising a record $11.9 billion in the first half of 2021, Start-Up Nation continues its red-hot streak.


On Wall Street, cloud video platform maker Kaltura is set to begin trading on the Nasdaq Global Select Market Wednesday afternoon, raising an estimated $150 million at a $1.3b. market cap in one of the largest IPOs in the video technology sector this year.


The stock was priced at $10 per share for the offering, less than originally expected. The Ramat Gan-based company has more than 1,000 customers, including Fortune 100 companies, universities and leading media and technology companies, and had 2020 revenues of some $120m. The stock will trade under the symbol KLTR.


On the investment scene, Bookaway said Wednesday it secured $35m. in Series B funding, backed by global investors Aleph, Corner Ventures, Entrée Capital and a group of angels led by Elad Kushnir. In less than four years, Bookaway has grown from a small Tel Aviv travel start-up to a leading portal…

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