Limelight Networks secures an additional $130 million to enhance the future of web delivery
Limelight Networks, a leading content delivery network (CDN) provider, has successfully secured an additional $130 million in funding to further innovate and enhance its services. This funding round was led by Goldman Sachs and includes other institutional investors, signaling strong confidence in Limelight’s potential to shape the future of the web.
CDNs like Limelight Networks play a crucial role in the digital landscape by providing faster and more reliable delivery of web content to end users. With the proliferation of online video streaming, cloud services, and e-commerce platforms, the demand for high-performance CDNs has never been greater. Limelight Networks has been at the forefront of this industry, delivering content for some of the world’s largest companies and ensuring a seamless online experience for millions of users.
This latest funding round comes at a critical time for Limelight Networks as the company continues to invest in new technologies and expand its global infrastructure. With the rise of emerging technologies like edge computing and 5G networks, the need for bandwidth-efficient and low-latency CDN services has never been greater. Limelight Networks is well-positioned to capitalize on these trends and deliver the next generation of web services.
In a statement, Limelight Networks CEO Bob Lyons expressed gratitude for the continued support of investors and emphasized the company’s commitment to innovation and customer satisfaction. “This funding round will allow us to accelerate our product development and expand our global footprint to meet the growing demand for high-quality digital content delivery,” Lyons said.
The digital landscape is constantly evolving, and companies like Limelight Networks are poised to lead the way in shaping the web’s future. With this new funding in hand, Limelight Networks is well-equipped to continue delivering cutting-edge CDN services and pushing the boundaries of what’s possible in the digital realm.
Overall, this latest funding round is a testament to the confidence in Limelight Networks’ vision and capabilities. As the company continues to innovate and expand, it’s clear that Limelight Networks is poised to play a crucial role in shaping the future of the web.