Cotendo Garners $7,000,000 Series B Funding

  • Feed Type
  • Date
    3/11/2009
  • Company Name
    Cotendo
  • Mailing Address
    530 Lakeside Drive Sunnyvale, CA 94085
  • Company Description
    Cotendo is a content delivery network and an innovator of software-focused CDN technologies. Cotendo’s full suite of content delivery applications is addressing an important unmet need that Internet content providers have for application-level flexibility and sophisticated management of performance and cost. Cotendo’s Content Delivery Applications Suite is highly integrated and based on patent-pending software technology.s
  • Website
    http://www.cotendo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new financing round, which follows initial funding by Sequoia Capital in January 2008, enables Cotendo to augment its team, bring its advanced suite of content delivery applications to the market, and accelerate new product development activities.
  • M&A Terms
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Sequoia Capital

Trending on Xconomy