Motorola Mobility Invests In Video Publishing Platform Ooyala

After announcing a slew of new features on Facebook, video publishing platform Ooyala is announcing another bit of news today?a new investor. The venture arm of Motorola Mobility, which Google is in the process of acquiring for $12.5 billion, has made a strategic investment in Ooyala. Financial terms of the investment were not disclosed. Ooyala specializes in hosting videos for large corporate and media clients, such as the Telegraph Media Group, Martha Stewart Living Omnimedia, Dell, General Mills, ESPN and TechCrunch. In total, Ooyala has more than 1,000 customers that are delivering over one billion streams to over 100 million consumers per month.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/p_xGQ0uN5j8/

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