AfterDawn: News

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

Written by: Andre Yoskowitz @ 21 Dec 2007 18:54

• Previous article

• Nokia N-Gage delayed again

• Next article

• HD DVD Bourne and Harry Potter outpacing Blu-ray counterparts

• 3 comments

• vinny13

  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.

  22.12.2007 10:07 #1

• kingy1213

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

  23.12.2007 00:58 #2

• borhan9

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

  28.12.2007 18:56 #3