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Wednesday, January 23, 2008

CacheLogic Raises $25 Million, Starts New Project With The BBC

Cachelogictmsmall_2 As expected, CacheLogic has officially closed a fourth round of funding totaling $25 million and has now raised just over $50 million to date. The company will be making some announcements shortly about some new large customer wins and will be focusing on a new marketing effort designed to showcase their P2P offering in a new light. They have also recently won a contract to work with the BBC to help with the expected traffic surge when the BBC's iPlayer comes out of beta.

It looks like P2P technology still has the most traction outside of the U.S. for now.

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» Funding for CacheLogic, Automattic from Data Center Knowledge
In funding announcements, Automattic.com has raised $29.5 million and CDN provider CacheLogic has a fourth round of $25 million. [Read More]

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Dan Rayburn: 917-523-4562 - danrayburn.com - e-mail
EVP, StreamingMedia.com, Principal Analyst, Frost & Sullivan


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