LAS VEGAS — Six months after it was acquired by Ooyala, video ad tech provider says it has been surprised to adjust to a very different future quicker than expected.
Amongst the biggest changes – not just being acquired, but also being owned by a corporate, following Australian telco Telstra’s earlier acquisition of Ooyala last summer.
“This, for us, has been a big change – coming from a VC-backed situation forces you to be careful about how you spend money,” says Videoplaza CEO Sorosh Tavakoli, now SVP of ad tech for Ooyala.
Tavakoli started Stockholm-based Videoplaza in 2007 but is now moving to New York. He says trepidation about the journey his company has taken quickly dissipated.
“It’s pretty scary for someone like me who used to be the founder and CEO of the business – there are so many things that can go wrong,” he says.
“It’s been so much better than I anticipated. Culture fit; we felt like one company straight away. We felt, ‘we’d hire these guys’. We are adding about 10 people in the coming six months.”
We interviewed Tavakoli at the NAB Show. Beet.TV’s coverage of the show was sponsored by Akamai. Please find more coverage from Las Vegas here.