BitTorrent gets $8.75 million
Posted in Tech by Dan at 10:12 am
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BitTorrent, one of the world’s most popular P2P clients, gained notoriety as a way for users to quickly download large files via the Web. Though the application has found legitimate uses, the company wants to distance itself from any association with piracy. Enter venture capital firm DCM Doll, who announced that they would be providing BitTorrent with US$8.75 million in funding in a bid for commercial respectability.
In other news UNEASYsilence receives $4 in VC money as well!