Roundup: File-sharing Pando gets funding, FCC may go after Comcast, Disney expects $1B from online
Here’s the latest action:
File-sharing company Pando Networks raising $20.9M — Pando Networks, a New York file-sharing company that uses P2P software to allow users to download, stream and share large media files quickly, has raised $8.1 million of a targeted $20.9 million round of capital, VentureBeat has learned. The company has gotten positive press coverage for its ability to send very large files, such as high-def video. The round is includes backers Wheatley Partners and… Continue Reading
YouSendIt raises $10M for file delivery service for professionals
YouSendIt, a Mountain View, Calif. service that lets professionals deliver large files over the Internet, said it has raised $10 million in a second round of venture capital financing.
The funding comes at a time when dozens of companies are helping speed up the delivery of files in multiple ways. “There are a zillion of them,” said Nick Sturiale, an investor with Seven Rosen Funds, which provided the funding, along with Sigma Partners, which led the… Continue Reading