1 Comment

Summary:

BitTorrent has raised $17 million from DCM, Accel Partners, and DAG Ventures, according to a regulatory filing turned up by peHUB. Regulatory filings don’t always have all the final details, so we gave BitTorrent some time to comment this afternoon, but have not yet heard back. […]

BitTorrent has raised $17 million from DCM, Accel Partners, and DAG Ventures, according to a regulatory filing turned up by peHUB. Regulatory filings don’t always have all the final details, so we gave BitTorrent some time to comment this afternoon, but have not yet heard back. With this funding, the San Francisco-based company has raised a total of $46.4 million.

The most recent thing we heard from BitTorrent was just this morning, that its content accelerator plug-in would be used for game delivery. In August the company laid off somewhere under 20 percent of its workforce. Since then, it hired a new vice president of engineering and a CFO.

BitTorrent told us in March it was not seeking additional funding, but clearly things have changed since then.

We’ve written a lot about BitTorrent, the company founded to monetize Bram Cohen’s widely used protocol. Here are some choice past links from the last couple years:

- One Day Later: BitTorrent Confirms Layoffs (8/7/08)
- Truth, Rumors, and Lies: BitTorrent and Rocketboom (8/6/08)
- Q&A (video) BitTorrent CEO Doug Walker (3/9/08)
- BitTorrent’s Third Coming (1/5/08)
- BitTorrent Names New CEO, CTO (10/17/07)
- BitTorrent Moves into B2B with DNA (10/9/07)
- Overdue BitTorrent Store Meets Criticism (2/26/07)
- BitTorrent Gets $20 Million (12/1/06)
- New Deals, Big Money for BitTorrent? (11/28/06)

  1. [...] laid off about 20 percent of its staff in August. Since then, it raised $17 million, according to a regulatory filing, bringing its total funding over the last four years to $46.4 [...]

    Share

Comments have been disabled for this post