Wednesday, April 14, 2010

What if you could make bandwidth near free for $6.62 million?

3Crowd blog post:

>>At 3Crowd, we just received a $6.62 million venture investment from our partners at Storm Ventures and Canaan Partners. With that investment (and maybe some more later) and a lot of hard work, we plan to execute this vision: we think we can change the economics of the content delivery systems and make widespread distribution of video more financially feasible. And we think we can make a substantive and positive impact on Internet along the way. If we can help provide tools and subsystems that can enable “the crowd” to harness resources in a new way, we may be able one day to realize a content economy where bandwidth is no longer a restrictive line item on businesses’ operating budgets. If we do our job right, scalable and affordable data delivery will no longer be a pipe dream.

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