What is Veoh?
Based in Los Angeles, Veoh operates as an online video streaming service, enabling users to upload, watch, and share multimedia content through personal accounts. The platform aims to provide a robust environment for user-generated and professionally curated video content, positioning itself within the rapidly evolving digital media sector. Veoh's strategy involves leveraging its infrastructure to capture a significant share of the online video market, competing with established players and emerging platforms.
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 Spark Capital, Goldman Sachs Group, and Shelter Capital Partners
Series D (2008): $30M featuring Time Warner, Adobe Systems, Goldman Sachs Group, Intel Capital, and Shelter Capital Partners
Key Investors in Veoh
Time Warner
Time Warner is a global media and entertainment conglomerate with a broad portfolio across film, television, and digital content. Its investment in Veoh likely signals a strategic interest in the online video distribution space and potential synergies with its existing media assets.
Adobe Systems
Adobe Systems, a leader in digital media and marketing solutions, invests in companies that shape the digital content landscape. Their involvement with Veoh suggests a focus on the technological infrastructure and user engagement aspects of online video platforms.
Goldman Sachs Group
Goldman Sachs Group is a premier global investment banking firm, providing a wide range of financial services. Their participation indicates confidence in Veoh's business model and potential for significant financial returns, likely supporting the company's scaling and strategic initiatives.
What's next for Veoh?
With the recent major strategic investment and a substantial total funding amount of $70.8M, Veoh is poised for a new phase of growth and innovation. The company is likely to focus on enhancing its content library, improving user experience through technological advancements, and expanding its market reach. Strategic partnerships and potential acquisitions could also be on the horizon as Veoh solidifies its position in the video streaming industry. The enterprise-level backing suggests a focus on scaling operations and potentially exploring new revenue streams or business models.
See full Veoh company page
