Wednesday, December 19, 2007

Vuze Scores $20M

Palo Alto-based Vuze, the online, peer-to-peer video distribution service which was formerly known as Azureus, said today that it has raised $20M in a Series C round of funding. The round was led by New Enterprise Associates, with participation by existing investors Redpoint Ventures, Greycroft Partners, BV Capital, and Jarl Mohn. According to Vuze, Mike Ramsay, co-founder of Tivo, has joined the firm's board of directors. More information »