Verivue

Verivue

Digital content delivery solutions to help network operators distribute and control ip-based media traffic.

HQ location
Westford, United States
Launch date
Enterprise value
$31m
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$30.9m

Valuation: $30.9m

Acquisition
Total Funding000k
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Verivue, founded in 2006 by Santosh Krishnan and Rubin Gruber, operated as a developer of licensed content delivery network (CDN) technologies. The company was later led by CEO Jim Dolce, a serial entrepreneur with a background in founding multiple technology companies and holding executive roles at major firms like Juniper Networks and Akamai Technologies. Dolce's experience in scaling network and telecommunications companies was directly relevant to Verivue's mission.

The firm's core business involved creating high-performance IP platforms that enabled network operators to manage, distribute, and control large volumes of IP-based media traffic. Verivue targeted clients such as network and service providers, offering them solutions to accelerate content delivery across both managed and unmanaged networks. This was crucial for handling the increasing demand for digital cable, IPTV services, and multi-screen video offerings. A significant milestone was the 2010 acquisition of CoBlitz LLC, a company that originated from a Princeton University research project and specialized in CDN infrastructure. This acquisition expanded Verivue's portfolio, equipping it to provide turnkey CDN solutions that helped operators optimize internet traffic and reduce network infrastructure costs.

The company's technology focused on caching popular content on strategically placed edge servers, which would reduce network load and ensure high-performance delivery for end-users. This licensed CDN infrastructure was designed to improve the performance of services like digital cable and IPTV. In December 2012, Verivue was acquired by Akamai Technologies for approximately $30.9 million in a cash transaction. The acquisition was intended to complement Akamai's existing Aura Network Solutions and accelerate its market entry with a comprehensive, licensed CDN solution for network operators.

Keywords: content delivery network, CDN infrastructure, IP platform, network operators, media traffic management, video delivery, licensed CDN, IPTV services, CoBlitz, Akamai acquisition, Jim Dolce, operator CDN, network optimization, edge server technology, streaming media, IP-based media, content caching, multi-screen offerings, telecom infrastructure, network cost reduction

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