Wednesday, June 15, 2011
In addition, the company has completed a funding round of $17M adding new strategic investors - Juniper Networks and Citrix:
"Strategic investors and new business partners Citrix Systems and Juniper Networks .. along with existing venture backers Sequoia, Benchmark and Tenaya Capital. Citrix and Juniper, market leaders in their respective industries, join the growing ranks of Cotendo strategic partners, including AT&T, Google and Sumitomo .. The synergy between the services and technologies of Citrix Systems and Cotendo blend on-premise physical and virtual appliances, content acceleration and cloud services that will accelerate and optimize delivery from the end user all the way to the enterprise over distributed networks, thereby improving end user experience from any location to any device .. The relationship between Juniper Networks and Cotendo will address the demand of service providers for technologies that will enable them to offer value added services and over-the-top services to content providers".
See "Cotendo Announces $17 Million Funding Round that Includes Strategic Investors and Business Partners Citrix Systems and Juniper Networks" - here.