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San Diego- and Los Angeles-based video sharing siteveoh Networks has filed for Chapter 7 bankruptcy, according to web site Mashable. Veoh had raised over $67.5M Veoh had raised over $67.5M Tags: veoh networks merger acquisition bankruptcy failure. READ MORE>>.
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. Veoh had raised over $70M in funding. READ MORE>>.
The assets of ill-fated online video siteVeoh have reportedly been sold to 2Peer Ltd., operator of media site Qlipso , according to a report from VentureWire. Qlipso lists its headquarters in Los Angeles, and the firm says it is backed by Jeruslem Venture Partners, with links to Israel. READ MORE>>.
Los Angeles- and San Diego-based video sharing siteVeoh 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>>.
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>>.
Los Angeles- and San Diego-based Veoh (www.veoh.com), an online video sharing site, has laid off 20 people, or roughly 18-20 percent of the firm's employees. Veoh said that the firm, although doing well financially, could not predict how soft the online advertising market will become, given the economic challenges of today.
San Diego- and Los Angeles-based online video siteVeoh 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.
San Diego- and Los Angeles- based video sharing siteVeoh Networks is looking to have users continually view and find videos on the site in their web browser, saying today that it has rolled out a new web browser add-on. Other examples were pulling up videos of President Obama when browing related content.
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".
Los Angeles-based Anybeat , the alternative social networking site created by former MySpace Music VP Dmitri Shapiro, has opened up broad, public access to the service. Anybeat is backed by a long list of angels and venture firms. Shapiro was also the founder of video siteVeoh. READ MORE>>.
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. The company says it has now raised a total of $36M.
Los Angeles-based Gorilla Nation , which provides representation to web publishers, said today that the firm has signed on to represent the ad inventory for Dailymotion.com in Canada. Dailymotion.com is a video sharing site. Financial impact of the deal was not disclosed. READ MORE>>.
In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles.
In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles.
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