Wednesday, April 7, 2010

Report: Veoh Assets Go To Qlipso

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. Details on the sale have not been released. Qlipso lists its headquarters in Los Angeles, and the firm says it is backed by Jeruslem Venture Partners, with links to Israel. Qlipso is headed by former Foundation 9 Entertainment co-founder Jon Goldman. Veoh filed for bankruptcy in February, after burning through over $70M in venture funding.

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