Another Open Business Model Moves Forward
Just before the holidays, I signed off by saying keep your eyes on Joost and Vuze. Well it looks like NEA and several other notable VCs are bullish about Vuze, which I covered last year. NEA lead series C round for Vuze. On December 14, I said this open IPTV start-up would definitely be on my list of innovative start-ups to watch for 2008. Excerpt from my April 16, 2007 post about Vuze:
Vuze - Take Joost, YouTube, and the popular P2P BitTorrent application, and you get Vuze. My dear friend Christian Leybold at BV Capital was the first to clue me into Vuze by Azureus. Vuze provides Hi-Def DVD quality video content produced by both community and traditional media content providers. Pretty cool. Investors include Redpoint Ventures, BV Capital, and Greycroft Partners.
As I stated earlier, the writer's strike should only bolster viewership for Vuze and other innovative Hi-Def IPTV start-ups. Vuze claims over 15 million Vuze client downloads and the community is growing by 500,000 people a week. I have no doubt these innovative start-ups will open the traditionally closed content and network providers.