OStatic

Kaltura, which is nicely described by CNet as the video company that's considered a blend of YouTube and Wikipedia, has closed a second round of funding.The company has an open source video platform for video creation and collaboration, and is releasing an enhanced version of its video-wiki extension for MediaWiki software. The amount of funding, led by .406 Ventures, isn't disclosed, but is described in the CNet post above as significantly larger than the $2.1 million Kaltura previously secured from Avalon Ventures and angel investors. Here's why this company's focus on allowing videographers around the world to collaborate is promising.