The file-sharing software company has raised $8.75 million in a funding round from Doll Capital Management.
Once upon a time, BitTorrent's creator Bram Cohen raised money the way many bar bands do, by selling t-shirts.
Now that his company has moved to San Francisco, BusinessWeek
P2P gets a lot of attention due to its misuse, and a lot of that attention comes from not fully understanding the technology. Even the media who cover technology issues closely sometimes misunderstand P2P. Mr. Navin went on to discuss why P2P as distribution method differs from P2P as a network:
"The press doesnt see the difference between P2P distribution and P2P networks. P2P distribution (a la Skype and BitTorrent for example) swap-in P2P resources without altering the use-case of VoIP, IM, downloading from the web, or whatever the application is: P2P is invisible to the user.
"A P2P network is clearly different -- users submit to being a server in exchange for access to other "servers" in a perceived-to-be anonymous network."
As the BusinessWeek report notes, BitTorrent has to adapt to other content distribution methods, like RSS and podcasting, and it plans to do so. Those technologies tend to deal with smaller file sizes, though.
Video content, especially high-definition video, fills much more file space. Current DVDs store about 4.7 GB of content, suitable for conventional films and programming.
Next generation DVD formats, like the proposed HD DVD and Blu-ray standards, will hold upwards of 30 GB. That seems a much more likely focus for the future of BitTorrent.
David Utter is a staff writer for Murdok covering technology and business. Email him
Found an error or have a suggestion? Let us know and we'll review it.
Suggest a Correction
VC Thinks BitTorrent Is A Doll
0 views
Comments (0)
Please sign in to leave a comment.
No comments yet. Be the first to comment!