CDN VC Funding Snapshot – July 2015

Venture Capital funding continues to flow into the CDN Ecosystem at a healthy pace. Distil Networks just raised $21M in Series B, bringing its total to $38M; Qwilt raised $25M in Series D, bringing its total to $67.1M. The twelve start-ups listed below have raised a total of $448.2M. In the next six months, we’ll see another 2-3 start-ups raise additional rounds. Aryaka Networks has raised the most, followed by Instart Logic and Qwilt. The interesting data point in the matrix below – Series C is the round that receives the most funding. On a side note, if CloudFlare goes public and reaches $7B in market cap – that’s a very good thing, as it will raise the profile of the CDN business model to new heights.

Venture Capital Funding (in Millions)

CDN Started Seed/Other A B C D E/Other Total
PeerApp 2004 8 3 11.5 N/A N/A N/A 22.5
Aryaka 2009 9.2 14 15 25 10 24 97.2
Cloudflare 2009 N/A 2.1 20 50 N/A N/A 72.1
Yottaa 2009 N/A 4 9 16 10.4 N/A 39.4
Instart logic 2010 N/A 9 17 26 N/A 43 95
Qwilt 2010 N/A 9.1 15 18 25 N/A 67.1
Distil Net 2011 2 10 21 N/A N/A 5 38
Fastly 2011 N/A 4 10 40 N/A N/A 54
Rev Sft 2012 4.3  N/A  N/A  N/A  N/A  N/A 4.3
Kwicr 2012 1.6 6.5 N/A N/A N/A N/A 8.1
Twin Prime 2012 N/A 9.5 N/A N/A N/A N/A 9.5
Zenedge 2014  N/A 3.5  N/A  N/A  N/A  N/A 3.5
17.1M 71.7M 107M 175M 45.4M 72M 488.2M

*estimates from crunchbase.com

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