Earlier today some blogs reported that Sequoia Capital had invested in Cotendo, a content delivery company based in Israel. The reports didn’t offer much details in terms of technology and the people involved with the project.

Thanks to some helpful friends in Israel and in the CDN business, we found out that the co-founders of the company are Ronni Zehavi and David Drai. Zehavi is the CEO and Drai is the CTO of the new company. They both worked for anti-spam and security software company, Commtouch Software.

Their profiles on LinkedIn describe Cotendo as a company “developing a sophisticated innovative infrastructure which provides an efficient and low-cost CDN service. Cotendo new approach open the ability for new services which help content providers to get the maximum benefit from content acceleration.” The company has 10 employees, many of them from Commtouch. It is not clear what kind of technology they have developed and how much funding Cotendo has raised.