alarm:clock

Video - Wednesday, March 28, 2007

China's P2P Video Startup PPStream Raises $10M

ppstream.png
Sorry, but this logo character is a blatant rip-off of Kenny from SouthPark and the the name of the company is definitely one that the show would run with.

Now that we have that out of the way, we learn today that Shangai-based PPStream has raised about $10M funding from Qiming Ventures and its existing investor Ceyuan Ventures.

ppstreamgrab.png
PPStream offers P2P video on demand and has done partnerships with ESPN Star China, Sina and Yahoo among others. And of course, BitTorrent sites are enormously popular in China.

PP Stream competes with Google portfolio company Xunlei as well as with UUSee which recently raised its series B funding at $20M.

Read - PPSTream Closes Series B Funding

Post a comment




Remember Me?


More Recent Articles

ThumbDoes A Tough Quarter For Evergreen Solar And Energy Conversion Devices Mean First Solar Will Follow?

Tuesday February 9, 2010

Solar investors probably tossed and turned in their beds last night after reading the quarterly reports for Evergreen Solar (ESLR:NASDAQ) and Energy Conversion Devices (ECD) (ENER:NASDAQ). With both companies reporting revenue declines and larger th... Full Story

ThumbPetra Solar Raises $40M For Utility Pole Panels

Tuesday February 9, 2010

Petra Solar out of South Plainfield, NJ has raised $40M in 2nd-round funding. Craton Equity Partners and EspĂ­rito Santo Ventures co-led the round and were joined by return backers Element Partners, Blue Run Ventures, OnPoint Technologies and Kuwait... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet