Bit torrent raises 25 million

December 2, 2006

Bitorrent has managed to raise quite a tidy sum of money for funding their growth. One of the biggest challenges they face is to have anti piracy controls in place. Their VP of business development definitely seems to be spending a fair bit of time in Hollywood trying to make sure that they are in the RIAA- movie industry’s good books. This seems to have paid off.

It would be interesting to see how this development affects Skyrider’s fortunes. Skyrider has developed an advertising platform for P2P networks, with a search marketing twist to it.

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