Social Commerce Network Lockerz Acquires Personalized Video Curation Platform Vodpod

Exclusive-Flush with $45 million new funding in new funding, Kleiner-backed social commerce network Lockerz has acquired personalized video curation platform Vodpod and all related assets from parent company Remixation. This acquisition does not include Vodpod's social video app, ShowYou. ShowYou will remain independent from Lockerz and was not acquired. Terms of the deal were not disclosed. Vodpod allows users to create socialized, hand-crafted channels with anyone. Websites and users can easily pull and organize video into channels (and this feature will continue uninterrupted for publishers and users). VodPod originally launched as a YouTube competitor with some social bookmarking features. Then, VodPod decided to disable user-uploaded videos and to concentrate on its bookmarking functionality and launched a widget that allows bloggers to include their most recently bookmarked videos into their sites.

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