Cashing in on P2P

Schachter, Ken
April 2007
Red Herring;4/30/2007, Vol. 4 Issue 16, p20
Trade Publication
The article reports that Atlanta, Georgia-based Intent MediaWorks has closed on $10 million in series B funding. Leading the round of investors who approved Intent's peer-to-peer (P2P) networking business were Greycroft Partners, SoftBank Capital, Bertelsmann Digital Media Investments, and Allen & Co. Three-year-old Intent is seeking to turn P2P networks like Kazaa, where users regularly swap videos and music for free, into viable marketplaces for music producers and the companies that distribute their songs.


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