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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 Tags: veoh networks merger acquisition bankruptcy failure. READ MORE>>.

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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.

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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. Veoh had raised over $70M in funding. READ MORE>>.

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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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Veoh Cuts 20 Percent

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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. The firm continues to have operations in Los Angeles and San Diego. The layoffs occurred yesterday, when employees were notified of the move.

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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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Veoh Spins Browser Add-On

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San Diego- and Los Angeles- based video sharing site Veoh 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.

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