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EdgeCast Doubles Revenues, Tops 225 Employees

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The privately held firm did not disclose its revenues, however, the firm has previously been reported to have had revenues of between $50-100M in revenues in 2011, and $15-20M in revenues in 2009. The firm provides edge network services to help deliver content from such customers as Twitter, Pinterest, Sony, and Hulu to end users.

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EdgeCast Networks Raises $10M

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EdgeCast said the round was led by Menlo Ventures, and also includes an investment from Steamboat Ventures, a prior investor in the company. The new funding will go towards developing and launching new value-added services, expand its network, and for sales and marketing.

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Passenger Expands Board

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The firm said Studenmund also has served as PayMyBills.com and First Interstate Bank, in addition to her time at Overture Services and Yahoo. In conjunction with the board appointment, Passenger said it closed its 2009 fiscal year with 37 percent revenue growth, although it did not release financials. READ MORE>>.