Edgio
Limelight Networks empowers customers to better engage digital audiences by enabling management and delivery of digital content on any device, anywhere..
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | $333m | Post IPO Equity |
| Total Funding | 000k | ||
| USD | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 7 % | 3 % | 14 % | (5 %) | 56 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | 16 % | 16 % | 9 % | 10 % | 6 % | (5 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (4 %) | 5 % | (8 %) | (8 %) | (26 %) | (40 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Edgio, formerly known as Limelight Networks, provides edge-enabled software solutions designed to power secure digital experiences. The company was originally founded as Limelight Networks in 2001 by Nathan F. Raciborski, Michael M. Gordon, Allan M. Kaplan, and William H. Rinehart to offer content delivery network (CDN) services. A significant milestone was the June 2022 acquisition of Edgecast from Yahoo for approximately $300 million, which prompted the rebranding to Edgio. This strategic acquisition expanded the company's global network reach and added enterprise-class security solutions to its portfolio. Following the acquisition, Yahoo, owned by Apollo and Verizon, held a significant stake in the combined company.
Edgio operates on a business-to-business (B2B) model, serving a diverse client base that includes media and broadcasters, software and device companies, and e-commerce platforms. Its revenue is generated through a combination of subscription and usage-based models for its bundled services. The company's platform is built on a global private network with over 300 points-of-presence (PoPs) and a capacity of over 250 terabits per second. This infrastructure is designed to deliver digital content, including websites, applications, and video, with high speed and reliability.
The company's offerings are structured into two main suites: Applications and Media. The core product is a comprehensive platform that integrates a Content Delivery Network (CDN) with a suite of security and application services. This includes Web Application and API Protection (WAAP), DDoS mitigation, bot management, and API security. For media clients, Edgio provides solutions for delivering live and on-demand video streaming, featuring tools like the Uplynk for video workflow and orchestration. The application suite focuses on accelerating web performance and providing developer tools to build on the edge. The platform aims to simplify digital workflows by offering an integrated solution for delivery, security, and streaming, supported by a 24/7 Security Operations Center (SOC).
Keywords: content delivery network, edge computing, cybersecurity, video streaming, web performance, WAAP, cloud security, media delivery, application acceleration, DDoS mitigation
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