Source: P2P startup SkyRider has shut down

Source: P2P startup SkyRider has shut down

Troubled peer-to-peer technology startup SkyRider has shut down, a reliable source tells me. I’ve reached out to the company for comment but haven’t heard back.

Mountain View, Calif-based SkyRider took a round of bridge financing last winter, as we reported then; NewTeeVee subsequently unearthed a management shakeup.

Notably, SkyRider was a portfolio company of top venture firm Sequoia — the one that last week told its portfolio companies to cut costs as much as possible in order… Continue Reading

Skyrider investment suggests advertising on P2P might not be so easy, after all

Skyrider investment suggests advertising on P2P might not be so easy, after all

It’s been over a year since we covered Skyrider, and for good reason: We hadn’t heard anything more since the company revealed its business plan, based around monetizing peer-to-peer networks with ads, in late 2006.

In the space of about three months, we’d reported that Skyrider raised first $8 million, then $12 million more from Sequoia Capital, Charles River Ventures and ComVentures. Hopes appeared to be high, but some recent digging suggests that the company may… Continue Reading

SkyRider raises $12M for aggressive P2P search engine

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SkyRider gets $12M more for aggressive P2P search engine

SkyRider gets $12M more for aggressive P2P search engine

Updated

SkyRider, the Mountain View start-up developing an aggressive search engine for peer-to-peer traffic, has raised another $12 million in venture capital.

The round, led by ComVentures, comes just two months after it raised $8 million (see our earlier story here)

The company also showed its hand on strategy for the first time (it had been mum on specifics). It will essentially hijack the user software accessing the peer-to-peer networks, and force its own ads very high… Continue Reading