In another sign that P2P video services are emerging from the darknet to become respectable commercial enterprises, Mill Valley, CA-based start-up Grouper has landed a big fish funder, T-Ventures, the investment arm of T-Online, wholly-owned subsidiary of Deutsche Telekom AG. T-Ventures has plunked $1.75 million into Grouper, raising the total funds generated by the social-networking-P2P-video-file-sharing venture to $5.25 million.
The funding was revealed in Grouper’s official announcement of its device-to-device video sharing service. Grouper offers a free, ad-supported web-based service for viewing, syndicating and downloading user-created videos, audios and photos and an application to import, edit and share user-created or shared media.
With the new functionality, Grouper extends its file-sharing capability so that users can port the videos to the Apple video iPod, the Sony PSP and other video playback devices. In addition to transfer, storage and editing capabilities, Grouper also offers users the ability to send their video feeds to friends and families via RSS.
Cynthia Brumfield at 8:12 AM|Comments(0)
Blogs We Read
