Limelight is a MRVC DWDM/CWDM Customer
Limelight Raises $130M
JULY 26, 2006
TEMPE, Ariz. -- Limelight Networks, Inc., the world's leading content delivery network for digital media, today announced the completion on July 12 of a $130 million equity financing round led by Goldman Sachs Capital Partners. As part of the financing, representatives from Goldman Sachs will join the company's board of directors.
"Consumer demand for rich media delivered over the Internet - video, music, games, and social media content - has exploded over the past few years. This financing round, our first significant external equity financing, sets the stage for Limelight to continue expanding its infrastructure and capabilities to meet mounting market demand," said Bill Rinehart, President and CEO of Limelight Networks. "Goldman Sachs brings a depth of experience with high growth technology companies to their role as an investor in our company and a partner for the future."
"Limelight Networks is a clear leader in Internet-based digital media distribution, with an outstanding track record of performance, customer service, innovation, and the financial results that follow," said Pete Perrone, Vice President, Goldman Sachs. "With a network designed from the start for bandwidth-intensive rich media applications, Limelight is uniquely positioned to help customers deliver new broadband media services. We look forward to helping drive this next phase of growth."
Limelight Networks LLC
|
