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

ThumbShopping Site Gilt Group Raises $40M at $400M Val

Thursday July 2, 2009

NYC's private shopping firm Gilt Groupe has raised $40M from General Atlantic and Matrix Partners at a $400M valuation. Gilt Groupe provides access, by invitation only, to men’s, women’s and children’s fashion and luxury brands at discount pri... Full Story

ThumbAH Belo Joins $2M Investment In Real Estate Search Tool Sawbuck

Thursday July 2, 2009

AH Belo (NYSE: BLC) has led a $2M investment in online real estate brokerage Sawbuck Realty. Sawbuck is an online real estate broker that connects consumers with local real estate agents. Sawbuck takes a cut of any commissions. The company’s servi... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet