torrent, p2p, limewire
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Bit Torrent gets $20 million VC injection

ACCEL WILL provide $20 million in Series B financing to BitTorrent.

Bram Cohen, the CEO and co-founder of BitTorrent, said that the financing testified to his firm’s tech and potential growth and will help further develop his firm’s technology.

Accel partner Ping Li said BitTorrent had revolutioned digital media content internet distribution. The initial investor in BitTorrent is DCM, which helped lead the second round of financing.

         
         
         
         
         
   

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