Ooyala is a video platform company that has just announced that Jay Fulcher will become their CEO. Fulcher was CEO and President of Agile Software when Oracle bought the company for $495 million. Ooyala is based in Mountain View, California and the company was founded by former Google employees.
Bismarck Lepe was the a founding CEO of the company before hiring Fulcher. Lepe will now become the President of Product Strategy. Aside from working at Agile Software, Fulcher is a former executive at PeopleSoft, Red Pepper Software, and SAP.
Ooyala designed a platform that has enabled over 500 corporate and media customers to stream high quality video online. Some of their customers include Warner Brothers, EA, and Sybase.
Ooyala has raised a total of $10 million in funding thus far. Ron Conway invested $1.5 million and Sierra Ventures invested $8.5 million.