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Transpera Takes $8.25M In Second Round

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Santa Monica-based Transpera , a provider of mobile video advertising technology, announced Thursday that it has raised $8.25M in a Series B funding round. Prior investors Intel Capital and First Round Capital also participated in the funding. According to Transpera, the funding also includes debt from Silicon Valley Bank.

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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

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The company--which is in the business of operating a content delivery network (CDN) to accelerate the delivery of web graphics, multimedia, applications, and more to end users-- recently disclosed it more than doubled its revenues in 2012, and has grown to over 230 employees--all due to a huge amount of demand for CDN services by its customers.

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