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Short Take: Digital video start-up Eveo gets $15 million

Eveo, a digital entertainment start-up that provides a service that allows people to produce and show short videos on its Web site, received a $15 million investment. The company plans to use the financing to build up its business-to-consumer and business-to-business services and expand its efforts internationally. Investors include Mission Ventures, Media Technology Ventures, Thomson multimedia, Greenstone Ventures, Sonera Corporation, GIMV and private investors.

Eveo, a digital entertainment start-up that provides a service that allows people to produce and show short videos on its Web site, received a $15 million investment. The company plans to use the financing to build up its business-to-consumer and business-to-business services and expand its efforts internationally. Investors include Mission Ventures, Media Technology Ventures, Thomson multimedia, Greenstone Ventures, Sonera Corporation, GIMV and private investors.