Google To Invest In Xunlei?

Tags: Xunlei + Google + Ceyuan Ventures + Thunder + China + P2P

Kenshi
Kenshi posted on Dec 7th 2006 4:30PM; via pacificepoch.com/newsstories/8...
Google To Invest In Xunlei?

Google will partner with Shanghai-based venture capital firm Ceyuan Ventures to invest in Chinese download accelerator and peer-to-peer file sharing network operator Thunder aka Xunlei, according to a rumor reported by eNet. A spokesperson for Shenzhen-based Thunder said that the company will close its third round of investment in two weeks. A Google spokesperson had no comment.

Thunder Network's previous rounds of funding were for US$1 million and US$10 million from from IDG and Morningside Technologies, respectively. Thunder's peer-to-peer file sharing software has been downloaded 75 million times and the site has over 100 million users.

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