socalTECH

APRIL 7, 2010

The assets of ill-fated online video site Veoh have reportedly been sold to 2Peer Ltd., Details on the sale have not been released. Veoh filed for bankruptcy in February, after burning through over $70M in venture funding. Tags: qlipso 2peer acquisition merger veoh. READ MORE>>.

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socalTECH

AUGUST 9, 2010

The sale had earlier been reported in April, but had not been confirmed by the firms involved. Qlipso is backed by Jerusalem Venture Partners, and is now operating a Los Angeles office after its acquisition of Veoh. Veoh had raised more than $70M in venture funding, before being force into bankruptcy in February.

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socalTECH

AUGUST 9, 2010

Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has integrated its service into Veoh.com, after its acquisition of substantially all of the assets of Veoh.com. The sale had earlier been reported in April. Financial terms of the deal have not been disclosed.

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