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EdgeCast Gets $54M For Content Delivery Efforts

socalTECH

The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. EdgeCast said the Series D growth investment will go towards developing and launching new services. edgecast venture capital content delivery network internet traffic' READ MORE>>.

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EdgeCast Partners With Deutsche Telekom

socalTECH

The new CDN service is targeted at video, audio, content publishers, gaming companies, advertisers and others with need for streaming video delivery or web content acceleration. Deutsche Telekom International Carrier Sales & Solutions provides Ip communication services between Europe, the Americas, and Asia. READ MORE>>.

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

socalTECH

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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Venture Conference Highlights SoCal Startups

socalTECH

Sacks also talked about Yammer.com, the firm's business-focused, instant messaging service recently spun out as a side project of the company and which has seen a great deal of attention from its recent award at the TechCrunch conference.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

Zong is obviously doing something right since they are now the preferred mobile payment platform for Facebook’s mobile credit offering but will compete against some serious guns – Boku has raised nearly $40 million from Benchmark, Index, DAG and Khosla Ventures – the A list of who’s who VCs. 15mm in Series A.