Zumbox raises $8M to take on email and the postal service
Zumbox has raised $8 million in the first round of institutional funding for what it describes as “the world’s first and only paperless postal system.”
The Westlake Village, Calif., company is pitching its service as an alternative to both traditional mail and email. It allows you to digitally mail things you might normally send as physical mail, such as letters and bills. You can scan the object, or if it’s an electronic document, just avoid printing-and-scanning… Continue Reading
Veoh, the high-quality video sharing site, raises $26M
(Updated with Comscore and Hitwise stats, which show Veoh’s numbers lower than the company states; also updated with a fuller list of investors)
Veoh, the San Diego video-sharing site backed by former Disney exec Michael Eisner, has raised another $26 million in funding, giving it a massive war-chest exceeding $41 million.
PE Hub has the news.
The video sharing site came out of testing mode in February, and is different from most sites because it uses peer-to-peer technology… Continue Reading