New York–based software company Kaltura recently made headlines when it received a $50 million investment from Goldman Sachs. But it wasn’t Kaltura’s first large backing from an outside investor. Since its founding in 2006, the company has had a total of three big funding rounds totaling $110 million. Why are so many betting big on what appears to be just another video delivery company?
Facebook, Google, HTC, Samsung, Valve, Sony—all these companies are trying to make virtual reality happen. For real, this time. Not like those crappy VR mall arcades you may remember from the 1990s. If you can spare the cash, the technology is here, and it’s pretty mind-blowing.