Kaltura Reports Strong Q4 and Full-Year 2025 Results

Closed eSelf.ai acquisition and signed definitive agreement to acquire PathFactory, advancing the Company's evolution into a rich, agentic digital experience platform

Mar. 16, 2026 at 8:06pm

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Kaltura, Inc., the rich, agentic digital experience platform, today announced strong financial results for the fourth quarter and full year ended December 31, 2025, including record Adjusted EBITDA profitability and the signing of a definitive agreement to acquire PathFactory, a provider of AI-driven content and user intelligence, journey orchestration, and conversation automation solutions.

Why it matters

Kaltura's continued investment in AI and strategic acquisitions like eSelf.ai and PathFactory are aimed at expanding its capabilities in the emerging Conversation Automation and Agentic Engagement Solutions market, as organizations increasingly seek to move beyond static, same-for-all digital experiences toward richer, more personalized, contextualized, and conversational engagement.

The details

In the fourth quarter, Kaltura closed the acquisition of eSelf.ai and initiated integration of its AI avatar and multimodal conversational technology, strengthening Kaltura's ability to generate AI-based videos and deliver real-time multimodal conversational experiences. The company also signed a definitive agreement to acquire PathFactory, a provider of AI-driven content journey orchestration and conversation automation solutions, expanding Kaltura's capabilities in understanding user intent and generating personalized digital engagement experiences.

  • Kaltura closed the acquisition of eSelf.ai in the fourth quarter of 2025.
  • Kaltura signed a definitive agreement to acquire PathFactory in the first quarter of 2026, with the transaction expected to close in the second quarter of 2026.

The players

Kaltura, Inc.

A rich, agentic digital experience platform that powers digital experiences across organizational journeys for customers, employees, learners, and audiences.

eSelf.ai

A leader in AI avatars and multimodal conversation, acquired by Kaltura in the fourth quarter of 2025.

PathFactory

A provider of AI-driven content and user intelligence, journey orchestration, and conversation automation solutions, which Kaltura has signed a definitive agreement to acquire.

Ron Yekutiel

Co-Founder, Chairman, President, and Chief Executive Officer of Kaltura.

Greg Dracon

General Partner at Point 406 Ventures, Kaltura's largest shareholder, who has been appointed to Kaltura's Board of Directors.

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What they’re saying

“We ended 2025 with strong operational momentum and efficiency, achieving the highest level of new bookings and gross retention in the year and record Adjusted EBITDA profitability, while making a meaningful step forward in our long-planned evolution from providing a video platform to powering rich, agentic digital experiences.”

— Ron Yekutiel, Co-Founder, Chairman, President, and Chief Executive Officer of Kaltura (Kaltura Press Release)

“I am excited to rejoin Kaltura's Board of Directors. Ron and the team have done an exceptional job evolving the company's strategy and platform, and we are very optimistic about Kaltura's opportunity, especially as the company expands into the exciting agentic digital experience market. I look forward to contributing to the board, especially around the company's agentic AI capabilities and plans.”

— Greg Dracon, General Partner at Point 406 Ventures (Kaltura Press Release)

What’s next

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The takeaway

Kaltura's strategic acquisitions of eSelf.ai and PathFactory, along with its continued investment in AI, position the company well to capture the emerging opportunity in Conversation Automation and Agentic Engagement Solutions as organizations seek to deliver richer, more personalized digital experiences.