Venture Capitalist continue to pour money into the CDN industry, bringing the new total to $296M. The two latest entrants are Zenedge and Rev Software. Both start-ups raised more money than CloudFlare at inception. Zenedge is laser focused on comprehensive security, and aims to compete with the Goliath Palo Alto Networks. Rev Software is developing the most robust wireless last mile content acceleration solution in the entire industry. Based on the data below, these two start-ups are likely to raise VC funding in the range of $10M to $20M each on the next round, which would raise the total raised to $340M.
Venture Funding for CDNs
|Instart logic||2010||M. View||N/A||$9M||$17M||$26M||N/A||N/A||$52M|
|Rev Sftwr||2012||San Jose||$4M||N/A||N/A||N/A||N/A||N/A||$4M|
*source – crunchbase