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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 in funding from such firms as Goldman Sachs, Intel Capital, Shelter Capital Partners, Spark Capital, The Tornante Company, and Time Warner. READ MORE>>.

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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. Tags: veoh video sharing dmitry shapiro bankruptcy failure employment jobs. READ MORE>>. READ MORE>>.

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Report: Veoh Assets Go To Qlipso

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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>>.

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Veoh's Shapiro Named CTO Of MySpace Music

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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. Shapiro also served as founder of Akonix Systems.

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Koji Connects With $20M More

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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.

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Altly Reveals Seed Investors

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Both Howard Lindzon and Dave Samuel are joining the firm's board as part of the funding. Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site.

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GoMeta Gets $2M For Augmented Reality Universe Tools

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San Diego-based GoMeta , a new, augmented reality startup being led by serial entrepreneur Dmitry Shapiro, has raised $2M in a seed funding round, and launched its app out of beta. The funding came from Mike Jones (Science Inc., MySpace) as well as Michael Eisner (former CEO of Disney). READ MORE>>.

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