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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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Koji Connects With $20M More

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San Diego-based Koji, which develops an app store for helping creators earn money, said late Tuesday that it has raised $20M in its Series B fundraising. Shapiro previously founded the video sharing site Veoh, and also was the CTO of MySpace, in addition to serving at Google. The company says it has now raised a total of $36M.

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Veoh's Shapiro Confirms Bankruptcy Filing

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Dmitry Shapiro , in a post on his personal web site, confirmed the Chapter 7 bankruptcy filing of San Diego- and Los Angeles-based Veoh Networks Thursday afternoon. Veoh had raised over $70M in funding. Tags: veoh video sharing dmitry shapiro bankruptcy failure employment jobs. READ MORE>>.

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