Andre Yoskowitz
21 Dec 2007 18:54
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