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Report: Veoh Files For Bankruptcy

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San Diego- and Los Angeles-based video sharing site veoh Networks has filed for Chapter 7 bankruptcy, according to web site Mashable. Veoh had raised over $67.5M in funding from such firms as Goldman Sachs, Intel Capital, Shelter Capital Partners, Spark Capital, The Tornante Company, and Time Warner.

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Veoh Claims Win Over Universal Music

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Los Angeles- and San Diego-based video sharing site Veoh is claiming a major win today over Universal Music group, saying that a federal judge has thrown out a copyright infringement lawsuit against the firm. Veoh had been sued over user videos using music from the label in September of 2007. READ MORE>>.

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Koji Connects With $20M More

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The funding was led by Jump Capital, plus new investors HBSE Ventures, Electric Feel Ventures, Visary Capital, Metaversal, and University Growth Ventures, along with Galaxy Interactive and BITKRAFT, and and a number of angels, including Shivakumar Rajaraman, Michael Eisner, and Francis Ma.

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Veoh In International Partnership

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Los Angeles- and San Diego-based Veoh Networks, a provider of Internet video sharing services, said today that it has entered into a partnership with Axel Springer Digital TV Guide GmbH. According to Veoh, Axel Springer is in a strategic international partnership with the firjm, specifically in Germany.

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Report: Veoh Planning Major Layoffs

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San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. An email to Dmitry Shapiro, CEO of Veoh, this morning, asking for comments on the rumor was not returned. Veoh laid off 20 percent of its employees in November.

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Anybeat Rolls Out Chat Roulette Feature

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Taking a chapter out of the popularity of sites like Chatroulette in connecting up strangers with one another, Los Angeles-based Anybeat , the alternative social networking site run by Dmitri Shapiro, said Friday that it has rolled out a new feature called "Interest Roulette". Shapiro was the founder of Veoh and former CTO of MySpace Music.

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Altly Posts Anti-Facebook Manifesto, Gets Funding

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Los Angeles-based Altly , the latest startup of Dmitry Shapiro , the founder of Veoh and former CTo of MySpace Music, has officially thrown down the gauntlet, saying in a blog post this week that it there is a need for an alternative to Facebook--and the firm is going to create that alternative. READ MORE>>.

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