Cotendo Garners $12,000,000 Series C Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1e142486-94da-44b8-b9b4-face3634664f&Preview=1
Date
5/4/2010
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
$12,000,000
Transaction Round
Series C
Proceeds Purposes
The company plans to use the money to expand its domestic and international market reach and accelerate its technology development.
M&A Terms
Venture Investor
Tenaya Capital
Venture Investor
Sequoia Capital
Venture Investor
Benchmark Capital