December 4, 2006 4:41 AM PST

BitTorrent raises $20 million

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The peer-to-peer company will use the funding primarily for technology development as it launches distribution services for other Web sites.

The story "BitTorrent raises $20 million" published December 4, 2006 at 4:41 AM is no longer available on CNET News.

Add a Comment (Log in or register) 3 comments
Another example
by Dachi December 4, 2006 6:56 PM PST
"...he said, adding the company's patented proprietary upgrades would not be made available to open source users..."

I guess FOSS is only a religion till someone sticks 8 million dollars in your face, then it is closed, proprietary, and patented.

I'd bet my lunch that most of the vocal users in the FOSS community would make the same choice.
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BitTorrent
by rickontime December 5, 2006 8:27 AM PST
Very good, sophisticated treatment of this item. There is a very good reason that so many content companies have bought into the BitTorrent story. Can you say disintermediation? Absolutely a central concept in this space going forward, with or without hindrance from big cry babies like Wal-Mart.
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