Viddy, the social video app for mobile devices, is overhauling its capitalization table, returning a large amount of money to investors in the company’s most recent round of funding.
Viddy will return $18 million of the $30 million raised in its series B round one year ago, leaving the company with $11 million in the bank. Lead investors in the most recent round were NEA, Khosla Ventures and Goldman Sachs, all of which will receive much of their money back.
