AfterDawn: Tech news

Vuze raises $20 million USD

Written by Andre Yoskowitz @ 21 Dec 2007 6:54 User comments (3)

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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3 user comments

122.12.2007 10:07
vinny13
Inactive

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.

223.12.2007 00:58

may i just ask how does some 1 who give vides out for free make $20 million

328.12.2007 18:56

That is some impressive numbers for a relatively new company keep up the good work.

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