PeerApp, a company based in Newton, Mass., claims that its infrastructure solutions for internet service providers can reduce the costs for ISPs when dealing with peer-to-peer traffic, a claim that, if true, should get it plenty of business.
Many ISPs grumble about the cost of dealing with P2P traffic, and a major company, Comcast, is currently the target of an FCC probe investigating its handling of P2P traffic.
A recent agreement with Pando Networks has given PeerApp some early business, although the company may face some challenges from open-source solutions over the long-term.
As we reported in October, an industry group called the P4P Working Group is attempting to set open-source standards for P2P sharing that would also reduce ISP costs. (The group also includes technical staff from Pando Networks.)
The $3 million funding was from Pilot House Ventures, Evergreen and Cedar Fund, according to peHUB. PeerApp previously took an undisclosed amount of funding from the same investors.
Tags: co:peerapp, inv:cedar-fund, inv:evergreen, inv:Pilot-House-Ventures3 Comments
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Laird Popkin said:
This is a gpod artocle. If anyone is interested in learning more about P4P, and how P4P and P2P caching compliment each other, feel free to email me.
Laird Popkin, Co-chair of P4P Working Grpup and CTO of Pando Networks.
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Laird Popkin said:
This is a gpod artocle. If anyone is interested in learning more about P4P, and how P4P and P2P caching compliment each other, feel free to email me.
Laird Popkin, laird@pando.com, Co-chair of P4P Working Grpup and CTO of Pando Networks.
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syawal said:
Really good one and really benefit to the end user. Can it accelerate speed for video streaming for instant?if yes, no doubt - that ISPs should buy this appliance. Cachelogic have the some solution though.
