Eisner Invests in Veoh Networks

Former Walt Disney Co. Chief Executive Michael Eisner is investing in Internet TV start-up Veoh Networks and will join the company's board, Veoh said.

The San Diego-based company said Eisner's Tomante Group participated in a new round of financing along with Time Warner Inc. and venture capital firms Shelter Partners and Spark Capital.

Since leaving Disney last year, Eisner has launched "Conversations with Michael Eisner," a new bi-monthly talk show on CNBC.