Bit Torrent raises $8.75 million

Om Malik, Friday, September 23, 2005 at 12:10 PM PT Comments (5)

Finally there is confirmation of what I had earlier reported - BitTorrent , according to regulatory filing dated September 12, has raised $8.75 million in a Series A funding round led by DCM-Doll Capital Management. Money, I am sure will be used for offering legit services. more details here via Silicon Beat.

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[...] Well yeh, until we see what services they launch. But it could be used by detractors that keep trying to say Bit Torrent is an evil file sharing tool, when really it’s just a protocol, and attacking it is as useful as attacking email. Few links at Om Malik’s blog. [...]

Phil said:

What does this mean for Bittorrent as a protocol? Surely these investors can’t expect to make money on an open-source protocol. That would be like putting money into HTTP or SSH.

What kind of services would they be developing with $8m, I wonder.

Bit Torrent raises $8.75 million

[Source: Om Malik’s Broadband Blog] quoted: Finally there is confirmation of what I had earlier reported - BitTorrent , according to regulatory filing dated September 12, has raised $8.75 million in a Series A funding round led by DCM-Doll Capita…

[...] 8.75 millones de dólares para BitTorrent De acuerdo a Om Malik, se ha invertido 8.75 millones de dólares en BitTorrent. Creo que voy a pedir que me den unos 10 millones para invertir en HTTP. Esta anotación fue escrita el Lunes 26 de Septiembre, 2005 a las 9:16 pm por Eduardo Arcos y está clasificada dentro de: 1040 Links. [...]

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