What Company Is Offering:
PeerApp is a leading supplier of peer-to-peer infrastructure solutions for Internet service providers. PeerApp solutions reduce Peer-to-Peer (P2P) related bandwidth costs without impacting subscriber experience; support service provider network/subscriber growth and enable new revenue-generating services The company is headquartered in Newton, MA, US with research and development operations in Tel Aviv, Israel.
How Much They Got From VCs:
PeerApp Ltd., a Newton, Mass.-based provider of P2P infrastructure solutions, has raised $3 million in new VC funding . Backers include Pilot House Ventures, Evergreen and Cedar Fund. The company's board includes Peter Bell of Highland Capital Partners.
How It Works:
PeerApp UltraBand™ gives ISPs the power to increase P2P application capacity without investing in additional transit bandwidth or compromising overall subscriber quality of service and satisfaction.
Using patented P2P caching technology, UltraBand enables ISPs to reliably handle the impact of dramatic P2P traffic growth on their networks, while providing a platform to monetize P2P through new service offerings.
PeerApp UltraBand is purpose-built for ISPs with carrier-grade reliability, scalability, and multi-gigabit performance built into its fully distributed architecture.
More at:http://www.peerapp.com/
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