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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'

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RazorGator Gets $10M In Debt Financing

socalTECH

Los Angeles-based RazorGator , fresh off a recent equity financing round, said Monday that it has raised $10M in an debt financing extension from Hercules Technology Growth Capital. According to RazorGator, the extension will be used for "aggressive expansion" of the firm's services. RazorGator announced a $7.5M READ MORE>>.

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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.

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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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