Tuesday, April 18, 2006

Veoh Gets $12.5M From Eisner, Others

La Jolla-based Veoh Networks has received $12.5M in a Series B venture round, including an investment from Michael Eisner, former chairman and CEO of Walt Disney. Veoh reported this morning that it received the venture round from new investors Spark Capital, Time Warner, and The Tornante Company. Existing investor Shelter Capital Partners also particpated in the funding. Eisner and Todd Dagres, managing partner at Spark Capital, will join the board. Veoh is developing a peer-to-peer, content delivery network for the delivery of video over the Internet. More information »

---