Veoh, founded in 2004, is an established media site with tens of millions of unique monthly visitors. It raised approximately $70 million from venture capital and media investments.
The Qlipso platform enables spontaneous socializing on any website with any type of rich media – video, music, games, PowerPoints, photo slideshows, streaming music and more. The purchase will enable Qlipso's synchronized media sharing and socially-interactive environment to tap into Veoh's library of more than one million videos, TV shows, online games and other interactive content, as well as Veoh's millions of active monthly users.
"By bringing together features of both Qlipso and Veoh, we are taking the best of social, multiplayer online gaming and applying that to mainstream digital content, such as videos and music, for a mainstream audience," said Jon Goldman, CEO of Qlipso. "This provides not only a terrific user experience, but also a vastly improved target audience for advertisers."
"We are thrilled to support Qlipso, a JVP Media Studio graduate, in this strategic move," said Erel Margalit, JVP founder and managing partner. "There has yet to be a significant mainstream social approach to online media sharing that parallels how people consume media in offline social settings. We believe this transaction answers that need, as it provides users with a means to socialize around their favorite media content in a relaxed and social setting."
Qlipso was found in 2007 by Goldman and Ishay Pnueli, the company current CTO. Located in Jerusalem, Qlipso is backed by Israeli venture-capital fund Jerusalem Venture Partners (JVP)." (source)
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