US CDN Industry Raises $827M in Venture Capital

The US CDN industry has raised $827M in venture capital so far, inching closer to the $1B mark. ClearSky raised $27M in Series B on November 2, 2015, bringing its total to $39M. What makes this round impressive is twofold: 1) ClearSky  just came out of stealth mode two months prior in late August 2) One of investors in Series B was Akamai. ClearkSky “clearly” has an innovative business model that is quite unique compared to the competition, and Akamai’s investment is a certified validation of the matter. Here’s a recap.

  • Cloudflare leads the pack – raising a total of $182M
  • PubNub raised a total of $40.1M
  • Zenedge raised $4M in Series B for a total of $7.5M
  • ClearSky raised $27M in Series B for a total of $39M

Venture Capital Raised by CDN’s

CDN Started Seed A B C Other Total
1. PeerApp 2004 8 3 11.5 N/A N/A 22.5
2. Aryaka 2009 9.2 14 15 25 34 97.2
3.Cloudflare 2009 N/A 2.1 20 50 110 182.1
4. Yottaa 2009 N/A 4 9 16 10.4 39.4
5. Instart logic 2010 N/A 9 17 26 43 95
6. Qwilt 2010 N/A 9.1 15 18 25 67.1
7. PubNub 2010 N/A 4.5 10.6 25 N/A 40.1
8. Distil Net 2011 2 10 21 N/A 5 38
9. Fastly 2011 N/A 4 10 40 75 129
10. RevAPM 2012 4.3  N/A  N/A  N/A  N/A 4.3
11. Kwicr 2012 1.6 6.5 N/A N/A N/A 8.1
12.Twin Prime 2012 N/A 9.5 N/A N/A N/A 9.5
13.Avi Netw 2012 N/A 12.2 20.8 N/A N/A 33
14.Lagrange 2012 0.5 7 N/A N/A N/A 7.5
15.Appcito 2013 N/A 7.5 N/A N/A N/A 7.5
16.Zenedge 2014  N/A 3.5 4  N/A  N/A 7.5
17.ClearSky 2014  N/A 12 27  N/A  N/A 39
 Totals 25.6 117.9 180.9 200 302.4 826.8

**source – crunchbase.com

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