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Friday, April 30, 2010

3Crowd Technologies Raises $6.6M, See Their Demo At The CDN Summit

3crowd A few weeks back I mentioned that three CDNs would soon announce new funding deals and on April 13th, San Mateo based 3Crowd Technologies was the first to announce an investment of $6.62M by Canaan Partners and Storm Ventures.

The startup, co-founded by Barrett Lyon, who also co-founded BitGravity, is offering their first product they call CrowdDirector. The idea is to give content owners greater control over content delivery and other cloud services. Their system essentially acts as a virtual load balancer, providing load balancing capabilities across multiple CDNs, web servers, origins and elastic clouds. It's an interesting idea and one that clearly relies on content owners having a multi-vendor strategy, which many large companies have.

I haven't been able to see it yet in person, but on Monday May 10th, Barrett will demo the solution at the Content Delivery Summit in NYC. It's not too late to register and you can attend the CDN Summit for only $395 using the discount code of DRF1.

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Comments

I think Kit Knox would like his idea back. Just sayin'

IMO, Barrett is not the guy to change the cdn industry. Nice concept tho
hope the VCs aren't expecting a return on investment.

hello dan,I know a french/US company that have been doing that for the last year they have a product that load balance intelligently based on real time performances measured by endusers more info here:
http://www.cedexis.com

Rumor about 3Crowd is that they are "doing something much bigger" than this blog post suggests. Typical spin from a startup that isn't quite sure how to go about building their product.

PROTIP: Don't pursue major press until you have your product at least somewhat planned.

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