CacheLogic, a Cambridge, UK-based P2P technology firm, has received $20 million in third round funding, led by Amadeus Capital Partners, and included existing investor 3i along with syndicate members Pentech Ventures and The Cambridge Gateway Fund.
It will use the new funding to expand sales coverage for its P2P technologies into new geographies and extend its product portfolio to provide support for the delivery of legitimate video content.
CacheLogic was founded in 2002 and provides of P2P technology and monitoring services to the ISP sector. It just appointed a new CEO: Pat Chapman-Pincher, previously a Top Executive at UUNET and a member of CacheLogic board is now the new CEO.