PeerApp Raises $8 Million

11/11/08Follow @wroush

PeerApp, a Newton, MA-based maker of caching servers that Internet service providers use to speed delivery of frequently-downloaded peer-to-peer video and music files, said today that it has closed an $8 million Series B financing round. Investors Pilot House Ventures, Cedar Fund, and Evergreen Venture Partners, who ponied up $3 million in Series A funding in January, all returned for the Series B, which will go toward an expansion of the startup’s sales and marketing operations. We profiled PeerApp last December.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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