Wednesday, November 29, 2006

PEHub: BitTorrent raises $25M from Accel

"Update: We have independently confirmed that BitTorrent has raised $25 million in new VC funding. Accel Partners led the deal, with Accel partner Ping Li expected to take a board seat. Existing backer DCM-Doll Capital Management also participated.
There’s a lot of buzz in the blogosphere about BitTorrent, and the possibility it has raised big bucks from Accel Partners. GigaOM seems to have gotten the scoop, but VentureBeat, TechCrunch and Valleywag also weigh in."

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