COMPANY: EdgeCast Networks Inc.
MARKET SEGMENT: Content delivery networks
LOCATION: Los Angeles
HEADCOUNT: Less than 50
FORMED: 2006
FINANCING: The company is self-financed with the exception of a "small strategic funding round raised from individual investors" that included executives at Lions Gate Entertainment, Viacom Inc., and CinemaNow.
WHAT IT DOES: Calling itself "the JetBlue of CDNs," EdgeCast focuses on the delivery of video and rich media in a way that it claims is more customer friendly than its competition. The company touts its site acceleration, reporting tools, and a flexible pricing model for bandwidth costs as key advantages in competing with other content delivery players.
EdgeCast doesn't lock customers into one- or two-year contracts. The company's pricing model makes the cost of transit a variable factor, so that as bandwidth costs go down, so does pricing for the customer.
CUSTOMERS: Imax, March Entertainment, and Ampp Media
PARTNERSHIPS: EdgeCast has strategic partnerships with Microsoft Corp. and Adobe Systems Inc. for streaming video and says other partnerships are in the works.
COMPETITORS: Akamai Technologies Inc., Limelight Networks Inc., Mirror Image Internet Inc., Internap Network Services Corp., Level 3 Communications Inc., CacheLogic Ltd., and about a half dozen other companies that have announced their presence in the content delivery market during the past week.
MANAGEMENT:
WHAT TO WATCH: It's clear that major media players and film studios are EdgeCast's target customers. The question is whether or not the company can demonstrate the scale necessary to compete against larger players such as Akamai or Limelight.
RECENT NEWS: Not much to report yet, except that the company came out of semi-stealth mode in August. (See Edgecast Launches CDN.)
— Ryan Lawler, Reporter, Light Reading
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