CDN Vendors Raising More Money, Funding Announcements Coming Shortly
In a two-year time period between 2007 and 2008, CDN vendors raised more than $400M dollars to enter or expand their offerings in the content delivery industry. Not surprisingly, last year we saw almost no funding in the CDN space since the "rate" of traffic volumes slowed and pricing declines kept most vendors from growing their delivery business. With initial projections for 2010 pointing to a better year for CDNs, some of them have taken the opportunity to raise large rounds of funding which will be announced over the coming weeks. While some on Wall Street are already talking about the deals, I'm not giving out any details on the companies or the funding amounts, but I will say that I know of three CDNs who will announce funding deals over the coming weeks.