EdgeCast Networks

EdgeCast Networks, Inc.
Subsidiary
Industry Internet
Founded August 2006 (2006-08)
Headquarters Santa Monica, California
Key people
 Alex Kazerani
(CEO & Founder)
James Segil
(President & Founder)
Phil Goldsmith
(CRO & Founder)
Jay Sakata
(CTO & Founder)
Lior Elazary
(Chief Research Officer & Founder)
Number of employees
 200+ (2012)[1]
Parent Verizon Communications
Website www.verizondigitalmedia.com

EdgeCast Networks is a Los Angeles, CA, based content delivery network (CDN). The company was founded in 2006 and was funded by the venture arm of The Walt Disney Company, Steamboat Ventures.[2][3] The company is notable for its self-provisioning CDN technology used by the telecommunication and hosting industries.[4][5][6] EdgeCast Networks was rated the No. 3 CDN in the industry by the Yankee Group in August 2009,[7] and turned EBITA positive in Q2 of 2009.[8] EdgeCast Networks was ranked 13th on the Deloitte Fast 500 list for North America 2012.[9]

On December 9, 2013 The Verizon and EdgeCast boards of directors approved Verizon's acquisition of EdgeCast and the deal was closed on December 23, 2013.[10][11]

See also

References

  1. ↑ "EdgeCast - CDN Planet". CDN Planet. Retrieved 20 December 2012.
  2. ↑ White, B.: “Disney's Steamboat Invests In Content-Delivery Firm,” The Wall Street Journal, Dec 10, 2007]
  3. ↑ Munarriz, R. A.: “The Mouse Nibbles Away at Akamai,” The Motley Fool, Dec 11, 2007]
  4. ↑ Chappell, C.: May 30, 2009 “CDNs The Business Case”
  5. ↑ Rayburn, D.: Aug 11, 2009 “The Future of the CDN Market” www.streamingmedia.com
  6. ↑ Gubbins , E.: Aug 13, 2009 “Carriers, standalone CDNs squeeze one another" telephonyonline.com
  7. ↑ Adkoli, J.: Aug 21, 2009 “EdgeCast Bags Third Position in Yankee Group's 2009 CDN Scorecard” www.tmcnet.com
  8. ↑ Rayburn, D. (Oct 14, 2009) “Content Delivery Network EdgeCast Now Profitable, EBITA Positive Since Q2" www.blog.streamingmedia.com
  9. ↑ EdgeCast Networks Makes it to Deloitte’s 2012 Technology Fast 500 List for North America CDN-Advisor.com, November 17, 2012
  10. ↑ Verizon Press Release December 9, 2013
  11. ↑ Verizon Press Release January 6, 2014
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