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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. READ MORE>>.

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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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Report: Veoh Assets Go To Qlipso

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The assets of ill-fated online video site Veoh have reportedly been sold to 2Peer Ltd., Qlipso lists its headquarters in Los Angeles, and the firm says it is backed by Jeruslem Venture Partners, with links to Israel. Veoh filed for bankruptcy in February, after burning through over $70M in venture funding. READ MORE>>.

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Veoh's Shapiro Named CTO Of MySpace Music

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Los Angeles-based MySpace Music announced this morning that it has hired Dmitry Shapiro , who founded Veoh, as its new Chief Technology Officer. Shapiro was founder and CEo of Veoh Networks until its bankruptcy filing in February. Tags: veoh dmitry shapiro myspace executive. 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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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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Qlipso Confirms Veoh.com Acquisition

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Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has acquired substantially all of the assets of Veoh.com. Qlipso is backed by Jerusalem Venture Partners, and is now operating a Los Angeles office after its acquisition of Veoh. READ MORE>>.

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