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Peer-to-Peer Developer Skyrider Raises $12 Million

Authored by Mark Hefflinger on October 25, 2006 - 1:37pm.
Mountain View, Calif. - Skyrider, a developer of a new peer-to-peer networking platform, said on Tuesday that it has raised $12 million in its third round of funding, led by ComVentures. Previous investors Sequoia Capital and Charles River Venture Partners also participated in the round, which increased the company's total backing to $20 million. Mountain View, Calif.-based Skyrider's platform allows businesses to promote the commercialization of P2P networks through advertising supported content distribution, and targeted marketing.

Related Links:
http://www.skyrider.com/about/pressOct24_2006.php
tags: Deals | VC | Video | Advertising | Tech | P2P | Music | Tech Deals | ComVentures | Content Delivery | Skyrider |

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