Kaltura, the Video Experience Cloud, today announced the appointment of John Doherty as Chief Financial Officer, effective March 1, 2024, succeeding Yaron Garmazi in the role. Mr. Doherty will join Kaltura on February 1, 2024, and Mr. Garmazi will continue to support him and the Company throughout the second quarter of 2024 as well to provide a smooth transition.

Mr. Doherty brings more than three decades of financial and operational experience. Most recently he served as Chief Financial Officer and Chief Operating Officer at Magic Leap, Inc, a private augmented reality device company that has raised more than $4 billion from leading investors such as Fidelity, JP Morgan, Google, AT&T, Qualcomm, Alibaba, NTT Docomo, Temasek, and the Public Investment Fund of Saudi Arabia. Prior to joining Magic Leap in 2020, Mr. Doherty served as Chief Financial Officer at InterXion Holding N.V., a $6+ billion publicly traded data center services provider, from 2018 to 2020, until its acquisition by Digital Reality for $8.4 billion. Prior to that Mr. Doherty held a variety of senior financial and operational roles at Verizon Communications Inc., including Senior Vice President of Corporate Development and President and Chief Investment Officer at Verizon Ventures from 2013 to 2018, SVP Investor Relations from 2010 to 2013, and multiple divisional CFO roles prior to that.

“I would like to thank Yaron for his partnership and significant contribution over the past seven years, including transitioning Kaltura to a public company,” said Ron Yekutiel, Co-founder, Chairman and Chief Executive Officer at Kaltura. “Yaron is a leader and friend to all of us at Kaltura, and we are grateful for his ongoing support and wish him well as he continues his successful career.”

Mr. Yekutiel continued, “John is a talented executive with a very impressive track record of financial and corporate development leadership at large publicly traded enterprises. I am delighted to welcome him to our team. John’s skillset and background are ideally fitted to support our plans to return to profitable growth and to explore strategic opportunities that advance our commercial goals.”

“I am privileged to join Ron and the Kaltura team at this exciting time,” said Mr. Doherty. “Kaltura’s position as the leading video experience cloud is a testament to the strength of its people and strategy, and I look forward to working closely with the team as we continue to reinforce our position in the market and plan for future growth.”