Tech Company Financing Transactions
BitTorrent Funding Round
BitTorrent, operating out of San Francisco, secured $20 million in funding from Accel Partners and DCM Ventures.
Transaction Overview
Company Name
Announced On
12/1/2006
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Accel Partners (Lead Investor) (Ping Li)
DCM Ventures (David Chao)
Proceeds Purpose
This latest round of funding will support the company's growth, building on its leadership in high-performance content distribution on the Internet. BitTorrent not only plans to provide an online destination for downloadable entertainment content through the bittorrent.com marketplace, but also plans to employ its revolutionary technology to power other websites with the performance and efficiency of BitTorrent's content delivery service.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
340 Bryant St. 201
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
BitTorrent is a leading software company with the fastest torrent client and sync and share software for Mac, Windows, Linux, iOS and Android.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Klinker
Chief Scientific Officer
Bram Cohen
VP - Bus. Development
Ro Choy
VP - Engineering
Ilan Shamir
VP - Finance
Claude Tolbert
VP - Marketing
Shahi Ghanem
VP - R & D
Michael Floyd
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Next: 12/1/2006: Xanthus Pharmaceuticals venture capital transaction
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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