San Diego - Veoh Networks, a video-sharing site similar to YouTube, has raised around $26 million in its third round of venture capital financing, led by Goldman Sachs, PEHub.com reported.

Previous investors Spark Capital and Shelter Capital Partners also participated.

San Diego-based Veoh launched its video-sharing site in 2005, and to date has raised a total of about $40 million in venture funding, from investors including former Disney head Michael Eisner's Torante Group.

In addition to hosting user-generated video files, the company also offers a desktop video player that allows for higher-definition video, and accepts larger and lengthier files than rival YouTube.

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