BitTorrent Cashed Up for $8.75M

Source Title:
BitTorrent Gets $8.75 Million Funding
Story Text:

The commercial arm of BitTorrent has been handed $8.75M in funding by DCM Doll Capital according to PE Week Wire. Rafat said "I ran into Ashwin Navin, the COO of BitTorrent, at Digital Hollywood earlier this week and asked him point blank about the funding, but he was coy about it. The company's also working furiously to get any inroads into the Hollywood community, but it is going to be tricky. The Snocap and Mashboxx examples I'm sure give hope to the company and the new investors". Guess we'll wait and see what comes of it, but i'd heard they were up shit creek without a paddle...