Speedera

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Speedera Networks, founded in 1999 by CEO Ajit Gupta, chief architect Rich Day, and CTO Eric Swildens, was a Silicon Valley company and one of the fastest growing corporations in North America.

[edit] History

Speedera was founded in 1999 and was backed by investors including Stanford University and Trinity Ventures. It soon became one of the fastest growing private companies in Silicon Valley and in North America in five years, according to Deloitte & Touche and PricewaterhouseCoopers. The company initially was created to cache static Web content but then transformed itself to deliver dynamic imaging, rich content and accelerated Web applications.

Speedera helped usher in a swifter Internet age. The provider of distributed content and application delivery services helped companies offer bandwidth-intensive content, graphics, and streaming media over the Web. It operated servers on more than 1,000 backbone networks, putting the content physically closer to users, and speeding up downloads and streams. Its clients included DoubleClick, FOX Broadcasting, Macromedia, McAfee, NASA, and Univision.

In mid-2005 Speedera was acquired by archrival Akamai for stock now valued at more than $300 million.

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