Veoh Gets $25M In Funding Round

Los Angeles-based video sharing and distribution firm Veoh Networks said Wednesday morning that it has received a Series C funding round, worth $25M. The investment was led by Goldman Sachs. In addition to Goldman Sachs, Veoh said that Firefly3 LLC, the investment arm of former Viacom and MTV Networks CEO Tom Freston, and Jonathan Dolgen, former Chairman and CEO of Viacom Entertainment Group, also invested in the round. Shelter Capital Partners, Spark Capital, Tornante Company, and Time Warner Investments also participated in the investment. More information »