EdgeCast Networks Secures $54,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa7298d5-e09a-4451-9f19-13ccbf13d581
Date
7/19/2013
Company Name
EdgeCast Networks
Mailing Address
2850 Ocean Park Blvd. Santa Monica, CA 90405
Company Description
EdgeCast offers a superior, cost-effective global content delivery service that gives our customers competitive advantage in the delivery of digital media.
Website
http://www.edgecast.com
Transaction Type
Venture Equity
Transaction Amount
$54,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will expand its headcount, sales & marketing and development efforts.
M&A Terms
Venture Investor
Performance Equity Management
Venture Investor
Menlo Ventures
Venture Investor
Steamboat Ventures