Showing posts with label zudeo. Show all posts
Showing posts with label zudeo. Show all posts

04 December 2006

Ode to an Expiring Blue Frog

I suppose every frog has its day, but I hope that this doesn't mean the end for Azureus as we know and love it:

Azureus, maker of the popular peer-to-peer client, has revamped its software to include video publishing and distribution tools with a much slicker and user-friendly interface. To support the new platform, called Zudeo, the company has raised a $12 million second round of funding.

This space is hot; BitTorrent last week said it had raised $20 million from Accel Partners and Doll Capital Management. Much like BitTorrent, Palo Alto-based Azureus incorporated, took venture money, and came up with a business model only after the massive success of its open source software.

After all, it's well known that bloat is bad for frogs and software.