San Diego based video sharing site, Veoh, raised another $30 million yesterday in a series D financing round from Intel Capital, Adobe Systems and a group of previous investors.  This brings their total capital raised to a sizable 70 million.

Veoh has been growing significantly with nearly 30 million unique visitors per month. More importantly, their average length of video viewed is 10 minutes and visitors typically engage for a total of 100 minutes per month.  This is significant compared to the 1-3 minute individual video views on YouTube, yet Veoh’s traffic is only a 10% blip compared to their 300 million uniques per month.

The new capital should give Veoh plenty of room to focus on increased growth in both traffic and expansion into new markets for revenue generation and exposure.

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