Israeli startup Qlipso Buys Almost-Bankrupt Veoh for its 14 Million Unique Users
VC Cafe
APRIL 8, 2010
The acquisition is a bitter-sweet end to the story of Veoh, which has raised $70 million since getting funded in 2005 from institutional investors (Goldman Sachs, Intel Capital, Shelter Capital and Spark Capital among others) and big media companies such as ABC, CBS and Warner Brothers.
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