BitTorrent Raises $25 million, Bram Cohen is History
Om Malik posted a rumor today regarding a new BitTorrent financing and possible ouster of CEO Bram Cohen . We did some independent digging and have come up with what I believe is accurate based on multiple sources and a leaked document: BitTorrent has raised a $25 million Series B round of financing from Accel Partners and previous investor Doll Capital Management, bringing the total capital raised to just under $34 million.
Source: http://www.techcrunch.com/2006/11/29/bittorent-raises-25-million-bram-cohen-is-history/
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