Intel Capital Invests in Veoh and More

By Edit Staff | Tuesday, June 3, 2008 | 1:45 PM PT | 0 comments |

Internet video portal and software maker Veoh has raised $30 million from Intel Capital, Adobe Systems Inc. and Gordon Crawford, senior vice president of Capital Research Global Investors, NewTeeVee is reporting, bringing the company’s total funding to just shy of $70 million. The funding for Veoh was just one of the $60 million worth of investments unveiled by Intel Capital; the investment arm of the chip maker also led funding rounds in online security company Accertify, workforce management software maker TOA Technologies, energy efficiency and smart grid company Grid Net, online health video network HealthiNation and Latin America-focused social networking company Vostu, as well as India-based online education company Vriti Infocom and Czech Republic-based online retailer Internet Mall.

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