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Veoh is an Internet television company based in San Diego, California. It allows users to find and watch major studio content, independent productions and user-generated material. The company is a subsidiary of Israeli start-up Qlipso. The company received media attention after Michael Eisner, a former Disney chairman, joined the board. In April 2006, he was one of the investors in the US$12.5...  MORE

Veoh is an Internet television company based in San Diego, California. It allows users to find and watch major studio content, independent productions and user-generated material. The company is a subsidiary of Israeli start-up Qlipso. The company received media attention after Michael Eisner, a former Disney chairman, joined the board. In April 2006, he was one of the investors in the US$12.5 million second round of financing for Veoh and re-affirmed his status in August 2007 as an investor in the company's US$25 million Series C financing round. In 2008, the website veoh.com attracted approximately 17 million unique visitors monthly according to a Quantcast.com study. On February 11, 2010, in an open letter published on his blog, company founder and former CEO, Dmitry Shapiro, indicated that "the distraction of the legal battles, and the challenges of the broader macro-economic climate have led to our Chapter 7 bankruptcy." On April 7, 2010, it was announced that Israeli start-up company Qlipso acquired Veoh for an undisclosed sum. Qlipso aims to use the acquisition to add users and revenue to its multi-user content sharing service. Included with recent installations of Veoh is a program called OpenCandy, which some security programs, including Microsoft Security Essentials, classify as adware. LESS