Sunday, June 10, 2007

Oversi Raises $8 Million for P2P Caching for Carriers

Oversi, a start-up based in Israel, raised $8 million in an extended second round of funding. The funding was led by Carmel Ventures together with StageOne Ventures and TempoPark Fund. Cisco was one of the investors.

Oversi develops P2P caching solutions that enable service providers to deliver more bandwidth on their existing infrastructures while optimizing network performance. The same Oversi platform provides a critical building block for supporting the emerging services of P2P VOD (Video on Demand) and P2P TV.

See also