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Vuze raises $20 million USD

21 December 2007 18:54 by Andre "DVDBack23" Yoskowitz | 3 comments

Vuze raises $20 million USD Vuze, the internet startup that runs a peer-to-peer Internet video distribution service has announced that it has raised $20 million USD in capital.

The latest round of funding brings Vuze's total raised to $34 million USD. A few of the investors included Redpoint Ventures, Greycroft Partners, BV Capital and CNET chairman Jarl Mohn.

Vuze, the HD reincarnation of Azureus, claims that it has signed more than 100 premium-content partners, including Showtime Networks, Starz Entertainment, BBC, A&E Television Network's Biography Channel and A&E, and Rainbow Media's IFC.

Source:
Video Business


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     Post your comment
    Discuss this article! 
    vinny13 (Inactive) 22 December 2007 10:07 Send private message to this user   
    Wow thats great. I'll just stick with the regular Azureus because I don't need all of these extras. Slows my computer too much.
    kingy1213 (Junior Member) 23 December 2007 0:58 Send private message to this user   
    may i just ask how does some 1 who give vides out for free make $20 million
    borhan9 (AfterDawn Addict) 28 December 2007 18:56 Send private message to this user   
    That is some impressive numbers for a relatively new company keep up the good work.
     Post your comment
     

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