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BitTorrent Gets $8.7 Million in VC Funding

Posted by ryuzaki0 on from the shot-in-the-arm dept.

Brandon writes "BitTorrent just got a massive infusion of cash from venture capital firm DCM Doll. It looks like BitTorrent is hoping to cozy up with the content creators. From the article, 'Neither BitTorrent nor DCM have publicly stated how a legitimate service would work, but industry insiders have been busy speculating on how the distributed peer-to-peer service could help movie studios and filmmakers make for-pay content available.' Will this awaken Microsoft's Avalanche?"

3 of 151 comments (clear)

  1. Two in a row! by LoganAvatar · · Score: 5, Insightful

    Dupe: http://slashdot.org/article.pl?sid=05/09/27/183246 can we go for 3 dupes in a row?

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    loganavatar.com
  2. Where have I seen this before? by tepples · · Score: 5, Insightful

    Slashdot Search: bittorrent yields this article, which claims a $8.75 million figure. Has the funding been cut by $50,000 or something?

  3. MOD PARENT DOWN - PLAGIARISM by Johnboi+Waltune · · Score: 4, Insightful

    This is an exact copy of a post by 'popo' from the previous BitTorrent/venture capital thread.

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    "The advanced societies of the future will be driven by competing systems of psychopathology." -JG Ballard