digitalmusic

Pando snags $7 million from Intel

Filed in archive Companies on May 24, 2006

Pando snags $7 million from Intel
Pando got a boost with its second round of funding $7 million from Intel Capital. Pando's CEO is Robert Levitan, who co-founded iVillage. Pando's first round of founding was from BRM Capital and Wheatley Partners.

Pando Networks was previously covered in the article Super email: the next P2P killer app?

The capital is provided by Intel Capital's $200 million Digital Home Fund, which invests in companies that build new products to enable people to better enjoy digital contents such as music and photo.

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