What is Veoh?
Based in Los Angeles, Veoh operates as an online video streaming service, enabling users to upload, watch, and share multimedia content. The company's model centers on user-generated and licensed content, positioning it within the competitive digital entertainment sector. Veoh's trajectory, marked by multiple funding rounds from prominent investors, indicates a strategic focus on scaling its infrastructure and content library to capture a significant share of the online video market.
How much funding has Veoh raised?
Veoh has raised a total of $70.8M across 4 funding rounds:
Series A
$2.3M
Series B
$12.5M
Series C
$26M
Series D
$30M
Series A (2005): $2.3M with participation from Shelter Capital Partners
Series B (2006): $12.5M led by Time Warner, Spark Capital, and The Tornante Company
Series C (2007): $26M supported by Goldman Sachs, Spark Capital, and Shelter Capital Partners
Series D (2008): $30M featuring Shelter Capital Partners, Time Warner, Goldman Sachs, Intel Capital, and Adobe Systems
Key Investors in Veoh
Shelter Capital Partners
Shelter Capital Partners is a Southern California based private investment fund focused on technology and technology-enabled companies, particularly in media and wireless/communication sectors. They are a leading direct source for financing in the region and an ideal partner for companies needing access to Southern California's indigenous industries.
Time Warner
Time Warner was a major global media and entertainment company, involved in television, film, and publishing. Its investment in Veoh likely aimed to secure a strategic position in the burgeoning online video distribution space.
Goldman Sachs
Goldman Sachs is a leading global investment banking firm that provides a wide range of financial services. Its participation in Veoh's funding rounds signifies strong financial backing and strategic advisory support for the company's growth initiatives.
What's next for Veoh?
The substantial enterprise-level capital Veoh has attracted suggests a strategic imperative to expand its market reach and technological capabilities. With major investments from entities like Time Warner and Goldman Sachs, the company is well-positioned to enhance its platform, potentially through content acquisition, technological innovation, or strategic partnerships. The ongoing backing indicates investor confidence in Veoh's business model and its potential for future growth in the evolving video streaming industry.
See full Veoh company page
