Tuesday, December 11, 2007

EdgeCast--Helping You Grow Your Business Online Got $6 million in Series B financing

What Company Is Offering:
EdgeCast offers a superior, cost-effective global content delivery service that gives our customers competitive advantage in the delivery of digital media. Their world-class content delivery platform provides customers the cost benefits and flexibility of controlling their own content delivery network while liberating them from bandwidth contracts, capital investments and operational hassles.

How It Works:
All content types can be delivered on the EdgeCast CDN, and you can leverage EdgeCast's All Edge technology to ensure that your content is always on the edge, close to your global user base. Images, files, home pages, entire websites, and more are delivered lightning-fast from EdgeCast's worldwide Points of Presence (POPs), with 100% guaranteed performance and uptime. E-commerce websites can take special advantage of the EdgeCast network, as their images, files, and other content will load immediately from locations next to the end user in order to enhance the shopping experience, provide fewer abandoned shopping carts, and increase overall e-commerce ROI. EdgeCast clients can also take advantage of our "EdgeRAM" technology, enabling storage of the most mission-critical content directly into the server RAM of the EdgeCast caching servers at our worldwide POPs.

How Much They Got From VCs:
EdgeCast Networks, the superior, cost-effective rich media content delivery network (CDN), today announced that it has secured $6 million in Series B financing led by Steamboat Ventures, a venture capital firm affiliated with The Walt Disney Company.

About VCs:
Steamboat Ventures is a global venture capital fund that invests in digital media, consumer and technology companies in the U.S. and Asia. Steamboat Ventures pursues a distinctive investment strategy, cultivating investment opportunities that are simultaneously financially promising and also possess the potential to have significant strategic interest to The Walt Disney Company. Founded in 2000, Steamboat Ventures has invested in a range of leading digital media and consumer technology companies, including: Fastclick (acquired by VCLK), Iridigm Display Corporation (acquired by QCOM), Pure Digital Technologies, Quigo Technologies, Move Networks, 56.com, and UUSee. For more information, please visit www.steamboatvc.com .
More at:http://www.edgecast.com/

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