PaperKingdoms

December 1, 2006

BitTorrent Inc receives $20 Million in Funding

Filed under: bit torrent, culture, internet, news, p2p, program, software, tech, torrent — bardicknowledge @ 1:44 pm

 Full story over at Torrentfreak

“BitTorrent Inc has officially announced that they are receiving a second round of funding totalling $20 million. As predicted, the investors are Accel Partners and Doll Capital Management.”

This is wonderful! I love the bit torrent protocol. It is by far the best way to transfer files online, and everyone is finally starting to realize this. Movies are now legally available for d/l through bit torrent, software is distributed using it, and it is one of the best ways for a company to save on bandwidth 😛

I guess this means I will be testing the next few versions of bit torrent after they received so much money to develop it. But the article don’t give details if this money is for the development of the protocol or the client, but I imagine its for the protocol, which would be great. Hopefully they are able to streamline the protocol and make it even faster and more efficient!

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1 Comment »

  1. Man, that’s awesome! I will totally be looking into the new bit torrent applications as well!

    Comment by mike — December 18, 2006 @ 9:02 pm


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