Limelight Networks, now rebranded as Edgio, is a global leader in delivering the highest-quality online video experiences and edge-enabled workflows. The company provides a Content Delivery Network (CDN) service used for digital media content delivery and software applications. Founded in 2001, Limelight initially gained traction through its robust infrastructure optimized for speed and security. As of the latest updates, the company has raised significant funding rounds, including $130 million in equity from Goldman Sachs Capital Partners and a $240 million initial public offering. Limelight is headquartered in Scottsdale, Arizona, with Bob Lyons serving as the CEO.
| Attribute | Information |
|---|---|
| Founding Date | 2001 |
| Headquarters | Scottsdale, Arizona, USA |
| Founders | Michael Gordon and Hari Ravichandran |
| Revenue | Not publicly disclosed since rebranding to Edgio |
| Profits | Specific profit figures are not disclosed |
| Key Investors | Goldman Sachs Capital Partners |
| Industry | Content Delivery Network, Edge Computing |
| Number of Employees | Approximately 552 as of late 2021 |
Limelight Networks was established in an era when the internet was rapidly transitioning from web 1.0 to 2.0, seeing a surge in demand for high-speed content delivery. The company quickly capitalized on the need for efficient delivery of media-rich content, leveraging its CDN infrastructure to gain early clients that included corporate entities and large-scale media producers. Through its initial years, Limelight focused on enhancing its infrastructure capabilities, which was pivotal during the first major surge of streaming media consumption. Its CDN became known for reliability and scalability, enabling the company to support events like the streaming of U.S. President Barack Obama’s inauguration in 2009.
Limelight's business model is rooted in providing scalable, reliable, and high-speed content delivery solutions. The company differentiated itself early on by focusing heavily on infrastructure and performance, arguably setting industry standards.
Limelight, under the new brand Edgio, continues to dominate the CDN and edge computing space. The firm maintains a competitive edge through its focus on low-latency networking solutions, essential for real-time interactive content like live sports, online gaming, etc. Edgio's CDN services have positioned it as a contender in the ever-evolving digital media landscape, rivaling major companies such as Akamai. Its continued investment in network upgrades and portfolio expansions suggests a commitment to remaining at the technological forefront.
Limelight Networks, now Edgio, remains a prominent player in the content delivery and edge computing markets. Through continuous innovation and strategic acquisitions, the company has maintained relevance in an industry characterized by rapid change. Their focus on providing comprehensive, integrated solutions ensures they are well-positioned to address the evolving needs of video streaming, content security, and digital media applications globally. As market demands evolve, Edgio's adaptive strategies mark it as a firm to watch in the competitive landscape of CDN services.