Monday, March 10, 2008

Highwinds Raises $55 Million for its Content Delivery Network

Highwinds Network Group, a content delivery network operator based in Winter Park, Florida, closed a $55 million round of equity financing led by General Catalyst Partners and Alta Communications. The financing will fund the infrastructure build-out of Highwinds' "RollingThunder" network.

Highwinds also announced a partnership with Digital Rapids Corporation and Knack Networks to create advanced IPTV solutions for professional media companies worldwide.

  • In September 2007, Level 3 Communications' Content Markets Group announced that it is supplying High Speed Internet Access and multiple 10 Gbps wavelength to provide the underlying network backbone services that power Highwinds' RollingThunder network. The Level 3 facilities are being used to link Highwinds' data centers in ten cities throughout the United States and in Europe. This business relationship also enables Highwinds to expand its network capabilities and market reach by tapping into Level 3's internationally deployed network for global content distribution. Financial terms were not disclosed.

  • Highwinds operates strategically placed data centers, which house server and storage technology used to manage content, in Amsterdam, Ashburn, Va., Atlanta, Chicago, Frankfurt, London, Los Angeles, New York, Paris and Phoenix. Currently, 12 data centers in 10 cities are connected through 10 Gbps wavelengths provided by Level 3.

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