socalTECH
APRIL 7, 2010
The assets of ill-fated online video site Veoh have reportedly been sold to 2Peer Ltd., operator of media site Qlipso , according to a report from VentureWire. Veoh filed for bankruptcy in February, after burning through over $70M in venture funding. Tags: qlipso 2peer acquisition merger veoh. READ MORE>>.
socalTECH
FEBRUARY 11, 2010
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 Veoh had raised over $67.5M Tags: veoh networks merger acquisition bankruptcy failure. READ MORE>>.
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socalTECH
APRIL 1, 2009
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.
socalTECH
JUNE 7, 2010
Los Angeles-based MySpace Music announced this morning that it has hired Dmitry Shapiro , who founded Veoh, as its new Chief Technology Officer. Shapiro will be based in Beverly Hills, and report to MySpace Music President Courtney Holt. Shapiro was founder and CEo of Veoh Networks until its bankruptcy filing in February.
socalTECH
NOVEMBER 6, 2008
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.
socalTECH
APRIL 26, 2012
A report today says that Dmitry Shapiro , the former founder of Veoh and head of MySpace Music, and currently founder of alternative social networking site Anybeat , may be heading to Google to head up its Google+ efforts. The report , from PandoDaily, cited a single source for the information.
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. READ MORE>>.
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