San Francisco - BitTorrent, a provider of peer-to-peer-based content delivery services, has raised $17 million in a third round of funding, led by DCM and Accel Partners, PEHub.com reported, citing a regulatory filing.

DAG Ventures also participated.

Founded in 2004 by Bram Cohen and Ashwin Navin, San Francisco-based BitTorrent licenses its BitTorrent DNA content delivery technology to third parties, as well as a software development kit for consumer electronics and home networking hardware.

The company also operates the Torrent Entertainment Network, which offers legally licensed movies, TV shows, music and games for download and ad-supported streaming.

Related Links:
http://snipurl.com/3qu9e (PEHub.com)

http://www.bittorrent.com