KLTR News & Events

Kaltura announced that it has signed a definitive agreement to acquire PathFactory. Under the terms of the acquisition agreement and subject to customary closing conditions, Kaltura expects to acquire PathFactory for approximately $22M in cash, and for the transaction to close in the second quarter of 2026.

Kaltura announced the general availability of Kaltura Agentic Avatars, a new class of real-time conversational AI video agents for organizations. Kaltura's Agentic Avatars combine live, human-like interaction with organizational intelligence and business intent, enabling rich, interactive, personalized customer, employee, learner, and audience journeys. Kaltura is also launching a Conversational Agents Software Development Kit which enables developers and coding agents to add real-time, avatar-based agentic AI conversations directly into their company's applications and digital experiences, integrated with their workflows, data, systems, and agentic engines.

Kaltura announced it repurchased 14,443,739 shares of its common stock from affiliates of Goldman Sachs for an aggregate purchase price of approximately $16.6M. The transaction was executed at a 25% discount to the company's 30-day volume-weighted average price ending on market close on November 5. Hillel Moerman, partner at Goldman Sachs Growth stated: "We invested in Kaltura over nine years ago, when the company was generating around $50 million in annual revenue. Since then, Kaltura has significantly strengthened its product leadership, expanded into new and exciting markets, added many world-class customers, more than tripled its revenue, and achieved adjusted EBITDA profitability. After a long and successful partnership, and in line with our strategy to harvest investments, we have agreed with Kaltura on a repurchase of our shares. We are grateful for the collaboration over the years and wish the team continued success."

Sees FY25 subscription revenue $170.9M-$171.6M. Sees FY25 adjusted EBITDA $16.6M-$17.6M.