CDN provider EdgeCast has raised $54 million in debt and equity to help it add new products and sales staff. The company is profitable despite the competitive nature of the content delivery market.…
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AT&T reboots its CDN for more capacity and storage
AT&T is making another big push into the CDN market, leveraging its existing network infrastructure along with CDN software from Edgecast to offer content delivery services to its large base of Fortune 1000 clients. The new offering will include a massive boost in capacity and storage.…
Read MoreEdgecast Raises Another $10M for CDN Expansion
Content delivery network Edgecast Networks has raised $10 million in a Series C financing round that was led by Menlo Ventures and…
Read MoreVid-Biz: Canoe Ventures, Sky 3-D, Justin.tv
Canoe Moving To Bigger Digs, Plans To Double Staff In 2010; the firm specialized on interactive advertising for cable TV has a…
Read MoreVid-Biz: Channel 4, MLB, RedLasso
YouTube Gets Channel 4 Content; all of Channel’s VOD catch-up shows will be on YouTube shortly after their broadcast — but only…
Read MoreVid-Biz: Panasonic, Time Warner, UGC
Panasonic to Cut 15,000 Jobs, or 5 Percent of Its Workforce; facing tough times the consumer electronics giant will also close 27…
Read MoreDeutsche Telekom Partners With Edgecast for CDN Service
For content delivery startups, partnering with large carriers is the only path to survival in a cut-throat business dominated by Akamai (s…
Read MoreVid-Biz: Funny or Die, ESPN, VHS
Funny or Die Raises $3 Million(?); cash comes from undisclosed investor, though news reports unsure of whether this is a new round…
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