<SEC-DOCUMENT>0000886982-25-001479.txt : 20251112
<SEC-HEADER>0000886982-25-001479.hdr.sgml : 20251112
<ACCEPTANCE-DATETIME>20251112181403
ACCESSION NUMBER:		0000886982-25-001479
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20251112
DATE AS OF CHANGE:		20251112

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KALTURA INC
		CENTRAL INDEX KEY:			0001432133
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		EIN:				208128326
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-92794
		FILM NUMBER:		251474673

	BUSINESS ADDRESS:	
		STREET 1:		250 PARK AVENUE SOUTH
		STREET 2:		10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10003
		BUSINESS PHONE:		646 262-9144

	MAIL ADDRESS:	
		STREET 1:		250 PARK AVENUE SOUTH
		STREET 2:		10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10003

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOLDMAN SACHS GROUP INC
		CENTRAL INDEX KEY:			0000886982
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		ORGANIZATION NAME:           	02 Finance
		EIN:				134019460
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		200 WEST STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10282
		BUSINESS PHONE:		212-902-1000

	MAIL ADDRESS:	
		STREET 1:		200 WEST STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10282

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GOLDMAN SACHS GROUP INC/
		DATE OF NAME CHANGE:	20010104
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000886982</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.0001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>11/07/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001432133</issuerCik>
        <issuerName>KALTURA INC</issuerName>
        <issuerCusip>483467106</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>860 Broadway</com:street1>
          <com:street2>3RD FLOOR</com:street2>
          <com:city>NEW YORK</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10003</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>GOLDMAN SACHS GROUP INC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>21165.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>21165.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>21165.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>0.0</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>GOLDMAN SACHS &amp; CO. LLC</reportingPersonName>
      <citizenshipOrOrganization>NY</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>21165.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>21165.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>21165.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>0.0</classPercent>
      <typeOfReportingPerson>BD</typeOfReportingPerson>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>GSSG HOLDINGS LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>0.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>SPECIAL SITUATIONS INVESTING GROUP II LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>0.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>0.0</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>KALTURA INC</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>860 Broadway, 3RD FLOOR, NEW YORK, NEW YORK, 10003.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>THE GOLDMAN SACHS GROUP, INC.
GOLDMAN SACHS &amp; CO. LLC
SPECIAL SITUATIONS INVESTING GROUP II LLC
GSSG HOLDINGS LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>
The Goldman Sachs Group, Inc.
200 West Street
New York, NY 10282

Goldman Sachs &amp; Co. LLC
200 West Street
New York, NY 10282

GSSG HOLDINGS LLC
200 West Street
New York, NY 10282

SPECIAL SITUATIONS INVESTING GROUP II LLC
200 West Street
New York, NY 10282</principalBusinessOfficeOrResidenceAddress>
        <citizenship>THE GOLDMAN SACHS GROUP, INC. - Delaware
GOLDMAN SACHS &amp; CO. LLC - New York
SPECIAL SITUATIONS INVESTING GROUP II LLC - Delaware
GSSG HOLDINGS LLC - Delaware</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>See the response(s) to Item 9 on the attached cover page(s).</amountBeneficiallyOwned>
        <classPercent> See the response(s)to Item 11 on the attached cover page(s).</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>See the response(s) to Item 5 on the attached cover page(s).</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>See the response(s) to Item 6 on the attached cover page(s).</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>See the response(s) to  Item 7  on the attached cover page(s).</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See the response(s) to  Item 8  on the attached cover page(s).</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>N</notApplicableFlag>
        <subsidiaryIdentificationAndClassification>See Exhibit (99.2)</subsidiaryIdentificationAndClassification>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>GOLDMAN SACHS GROUP INC</reportingPersonName>
      <signatureDetails>
        <signature>Sam Prashanth</signature>
        <title>Attorney-in-fact</title>
        <date>11/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>GOLDMAN SACHS &amp; CO. LLC</reportingPersonName>
      <signatureDetails>
        <signature>Sam Prashanth</signature>
        <title>Attorney-in-fact</title>
        <date>11/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>GSSG HOLDINGS LLC</reportingPersonName>
      <signatureDetails>
        <signature>Sam Prashanth</signature>
        <title>Attorney-in-fact</title>
        <date>11/12/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>SPECIAL SITUATIONS INVESTING GROUP II LLC</reportingPersonName>
      <signatureDetails>
        <signature>Sam Prashanth</signature>
        <title>Attorney-in-fact</title>
        <date>11/12/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>EXHIBIT99.txt
<DESCRIPTION>EX.99.1,EX.99.2
<TEXT>
EXHIBIT (99.1)

JOINT FILING AGREEMENT

    In  accordance  with Rule  13d-1(k)(1)  promulgated  under  the  Securities
Exchange Act of 1934, the  undersigned agree to the joint filing of a Statement
on Schedule 13G (including  any and all amendments thereto) with respect to the
                Common stock, par value $0.0001 per share, of KALTURA INC
      and further agree to the filing of this agreement  as an Exhibit thereto.
In addition, each party to this Agreement expressly authorizes each other party
to this Agreement to file on its behalf any and all amendments to such
Statement
                on Schedule 13G.

                Date:  11/12/2025

                THE GOLDMAN SACHS GROUP, INC.

                By:/s/ Sam Prashanth
                ----------------------------------------
                Name:  Sam Prashanth
                Title:  Attorney-in-fact

                GOLDMAN SACHS &amp; CO. LLC

                By:/s/ Sam Prashanth
                ----------------------------------------
                Name:  Sam Prashanth
                Title:  Attorney-in-fact

                SPECIAL SITUATIONS INVESTING GROUP II LLC

                By:/s/ Sam Prashanth
                ----------------------------------------
                Name:  Sam Prashanth
                Title:  Attorney-in-fact

                GSSG HOLDINGS LLC

                By:/s/ Sam Prashanth
                ----------------------------------------
                Name:  Sam Prashanth
                Title:  Attorney-in-fact

EXHIBIT (99.2)

ITEM 7 INFORMATION
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>POA13G20049336.txt
<DESCRIPTION>POWEROFATTORNEY
<TEXT>
EXHIBIT 99



                        POWER OF ATTORNEY


KNOW ALL PERSONS BY THESE PRESENTS that THE GOLDMAN SACHS GROUP, INC. (the
"Company") does hereby make, constitute and appoint Sadhiya Raffique, Santosh
Vinayagamoorthy, D Guru Prasad, Tobi Amusan, Akash Keshari, Papa Lette, Andrzej
Szyszka, Rahail Patel, Taiki Misu, Regina Chan, Mariana Audeves Martinez,
Asheesh Bajaj, Abhilasha Bareja, Veronica Mupazviriwo, Sam Prashanth, Ameen
Soetan, Abhishek Vishwanathan, Elizabeth Novak and Matthew Pomfret, acting
individually, its true and lawful attorney, to execute and deliver in its name
and on its behalf, whether the Company is acting individually or as
representative of others, any and all filings required to be made by the
Company pursuant to Rule 13f-1or Regulation 13D-G under the Securities Exchange
Act of 1934, (as amended, the "Act"), which may be required of the Company with
respect to securities which may be deemed to be beneficially owned by the
Company under the Act, giving and granting unto each said Attorney-in-fact
power and authority to act in the premises as fully and to all intents and
purposes as the Company might or could do if personally present by one of its
authorized signatories, hereby ratifying and confirming all that said Attorney-
in-fact shall lawfully do or cause to be done by virtue hereof.

THIS POWER OF ATTORNEY shall remain in full force and effect until July 16,
2026 unless earlier revoked by written instrument, or in the event an Attorney-
in-fact ceases to be an employee of The Goldman Sachs Group, Inc. or one of its
affiliates or ceases to perform the function in connection with which he or she
was appointed Attorney-in-fact prior to July 16, 2026, this Power of Attorney
shall cease to have effect in relation to such Attorney-in-fact upon such
cessation but shall continue in full force and effect in relation to the
remaining Attorneys-in-fact. The Company has the unrestricted right
unilaterally to revoke the Power of Attorney.

This Power of Attorney shall be governed by, and construed in accordance with,
the laws of the State of New York, without regard to rules of conflicts of law.

This Power of Attorney supersedes the Power of Attorney granted by the Company
to Papa Lette, Akash Keshari, Regina Chan, Andrzej Szyszka, Ameen Soetan,
Rahail Patel, Santosh Vinayagamoorthy, Sadhiya Raffique, Matthew Pomfret,
Abhishek Vishwanathan, Mariana Audeves, Veronica Mupazviriwo, Elizabeth Novak
and Sam Prashanth on July 29,2024.

IN WITNESS WHEREOF, the undersigned has duly subscribed these presents as of
July 16, 2025.


GOLDMAN SACHS & CO. LLC



By: /s/  Carey Ziegler
____________________________
Name: Carey Ziegler
Title: Attorney-in-Fact









                        POWER OF ATTORNEY


KNOW ALL PERSONS BY THESE PRESENTS that GOLDMAN SACHS & CO. LLC (the "Company")
does hereby make, constitute and appoint each Sadhiya Raffique, Santosh
Vinayagamoorthy, D Guru Prasad, Tobi Amusan, Akash Keshari, Papa Lette, Andrzej
Szyszka, Rahail Patel, Taiki Misu, Regina Chan, Mariana Audeves Martinez,
Asheesh Bajaj, Abhilasha Bareja, Veronica Mupazviriwo, Sam Prashanth, Ameen
Soetan, Abhishek Vishwanathan, Elizabeth Novak and Matthew Pomfret, acting
individually, its true and lawful attorney, to execute and deliver in its name
and on its behalf, whether the Company is acting individually or as
representative of others, any and all filings required to be made by the
Company pursuant to Rule 13f-1or Regulation 13D-G under the Securities Exchange
Act of 1934, (as amended, the "Act"), which may be required of the Company with
respect to securities which may be deemed to be beneficially owned by the
Company under the Act, giving and granting unto each said Attorney-in-fact
power and authority to act in the premises as fully and to all intents and
purposes as the Company might or could do if personally present by one of its
authorized signatories, hereby ratifying and confirming all that said Attorney-
in-fact shall lawfully do or cause to be done by virtue hereof.

THIS POWER OF ATTORNEY shall remain in full force and effect until July 16,
2026 unless earlier revoked by written instrument, or in the event an Attorney-
in-fact ceases to be an employee of The Goldman Sachs Group, Inc. or one of its
affiliates or ceases to perform the function in connection with which he or she
was appointed Attorney-in-fact prior to July 16, 2026, this Power of Attorney
shall cease to have effect in relation to such Attorney-in-fact upon such
cessation but shall continue in full force and effect in relation to the
remaining Attorneys-in-fact. The Company has the unrestricted right
unilaterally to revoke the Power of Attorney.

This Power of Attorney shall be governed by, and construed in accordance with,
the laws of the State of New York, without regard to rules of conflicts of law.

This Power of Attorney supersedes the Power of Attorney granted by the Company
to Papa Lette, Akash Keshari, Regina Chan, Andrzej Szyszka, Ameen Soetan, Rahail
Patel, Santosh Vinayagamoorthy, Sadhiya Raffique, Matthew Pomfret, Abhishek
Vishwanathan, Mariana Audeves Martinez, Veronica Mupazviriwo, Elizabeth Novak
and Sam Prashanth on October 1, 2024.

IN WITNESS WHEREOF, the undersigned has duly subscribed these presents as of
July 16, 2025.


GOLDMAN SACHS & CO. LLC


By: /s/  Carey Ziegler
____________________________
Name: Carey Ziegler
Title: Managing Director








                        POWER OF ATTORNEY


KNOW ALL PERSONS BY THESE PRESENTS SPECIAL SITUATIONS INVESTING GROUP II, LLC
(the "Company") does hereby make, constitute and appoint each Sadhiya Raffique,
Santosh Vinayagamoorthy, D Guru Prasad, Tobi Amusan, Akash Keshari, Papa Lette,
Andrzej Szyszka, Rahail Patel, Taiki Misu, Regina Chan,
Mariana Audeves Martinez, Asheesh Bajaj, Abhilasha Bareja,
Veronica Mupazviriwo, Sam Prashanth, Ameen Soetan, Abhishek Vishwanathan,
Elizabeth Novak and Matthew Pomfret, acting individually, its true and lawful
attorney, to execute and deliver in its name and on its behalf whether
the Company is acting individually or as representative of others, any and all
filings required to be made by the Company under the
Securities Exchange Act of 1934, ( as amended, the "Act"), with respect to
securities which may be deemed to be beneficially owned by the Company
under the Act, giving and granting unto each said attorney-in-fact power
and authority to act in the premises as fully and to all intents and purposes
as the Company might or could do if personally present by one of its authorized
signatories, hereby ratifying and confirming all that said
attorney-in-fact shall lawfully do or cause to be done by virtue hereof.

THIS POWER OF ATTORNEY shall remain in full force and effect until (i) one (1)
year from the date hereof, (ii) it is revoked in writing by the undersigned or
(iii) such time as the person or persons to whom power of attorney has been
hereby granted cease(s) to be an employee of The Goldman Sachs Group, Inc.
or one of its affiliates.

IN WITNESS WHEREOF, the undersigned has duly subscribed these
presents as of June 27, 2025.

SPECIAL SITUATIONS INVESTING GROUP II, LLC


By: /s/  Carey Ziegler
____________________________
Name: Carey Ziegler
Title: President





                        POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS GSSG HOLDINGS LLC (the "Company") does
hereby make, constitute and appoint each of Sadhiya Raffique, Santosh
Vinayagamoorthy, D Guru Prasad, Tobi Amusan, Akash Keshari, Papa Lette, Andrzej
Szyszka, Rahail Patel, Taiki Misu, Regina Chan, Mariana Audeves Martinez,
Asheesh Bajaj, Abhilasha Bareja, Veronica Mupazviriwo, Sam Prashanth, Ameen
Soetan, Abhishek Vishwanathan, Elizabeth Novak and Matthew Pomfret (and any
other employee of The Goldman Sachs Group, Inc. or one of its affiliates
designated in writing by one of the attorneys-in-fact), acting individually,
its true and  lawful attorney, to execute and deliver in its name and on its
behalf whether the Company is acting individually or as representative of
others, any and all filings required to be made by the Company under the
Securities Exchange Act of 1934, (as amended, the "Act"), with respect to
securities which may be deemed to be beneficially owned by the Company under
the Act, giving and granting unto  each said attorney-in-fact power and
authority to act in the premises as fully and to all intents and purposes as
the Company might or could do if personally present by one of its authorized
signatories, hereby ratifying and confirming all that said attorney-in-fact
shall lawfully do or cause to be done by virtue hereof.

THIS POWER OF ATTORNEY shall remain in full force and effect until either
revoked in writing by the undersigned or until such time as the person or
persons to whom power of attorney has been hereby granted cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

IN WITNESS WHEREOF, the undersigned has duly subscribed these presents as of
June 27, 2025.



GSSG HOLDINGS LLC



By: /s/  Carey Ziegler
____________________________
Name: Carey Ziegler
Title: Director & President







</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
