PeerApp Raises $3 Million for ISP P2P Caching Technology

Authored by Mark Hefflinger on January 4, 2008 - 9:08am.

Newton, Mass. - PeerApp, a provider of peer-to-peer (P2P) technology for Internet service providers, has raised $3 million of venture capital from a group including Pilot House Ventures, Evergreen and Cedar Fund, according to a report by PE Week Wire, which cited a regulatory filing.

Founded in 2004, Massachusetts-based PeerApp offers P2P caching technology that allows ISPs to handle the impact of P2P traffic growth on their networks.

It also offers a platform to obtain revenue through new P2P service offerings.

Related Links:
http://www.peerapp.com



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Add image
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br><p> <b> <i> <img> <hr>
  • Images can be added to this post.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.