Hulu quietly purchases assets from Seattle video startup Vhoto, hires most of the team

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Vhoto, which developed a computer vision technology that scanned mobile videos in order to extract the very best still photographs, is no more. Assets from the venture-backed Seattle startup have been sold to Hulu, and most of the Vhoto team is now working in the Seattle engineering office of the online video powerhouse, GeekWire has learned. It is unclear how much Hulu paid for the Vhoto assets, and whether the outcome marked a successful exit for the startup’s investors. As a result of the asset sale — which occurred last fall — the Vhoto service has been shut down. A… Read More
GeekWire

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