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EdgeCast Gets $54M For Content Delivery Efforts

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Santa Monica-based content delivery network EdgeCast has just filled up its warchest, announcing Thursday that it has raised $54M in a big funding round. The new funding was led by Performance Equity Management, and also included existing investors Menlo Ventures and Steamboat Ventures. READ MORE>>.

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

socalTECH

What is it about the content delivery network market which has enabled Santa Monica-based EdgeCast to go from startup to over $100M in revenues in only a few, short years? We serve up four to five percent of the global Internet on our network. For those who don't know about EdgeCast, CDN services, who/what kind of clients you serve?

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EdgeCast Partners With Deutsche Telekom

socalTECH

Los Angeles-based content delivery network (CDN) EdgeCast has scored a big win, with Deutsche Telekom, the firms are set to announce today. 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. READ MORE>>.

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Venture Conference Highlights SoCal Startups

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David Sacks, one of the co-founders of PayPal, pitched Geni.com, an online site focused on both family trees and social networking. The "best of show" prize went to Magnify360, which develops software for optimizing content and web sites for specific users.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

They track user consumption across mobile devices and network and build usage patterns that they can then sell this anonymized data back to carriers and to other relevant sources who have an interest in knowing mobile consumption patterns. There are three “megatrends” as he puts it – real time data, the social web and flash marketing.