Wednesday, March 26, 2014

$5M MSO Deal for PeerApp (Transparent Cache)

PeerApp announced it has "closed a deal worth approximately five million dollars for caching infrastructure with an operating unit of a Tier One cable operator.

Before the implementation of operator caching, the cable operator's subscribers were unhappy with the quality of their broadband service, and had complaints despite the operator’s investment in robust infrastructure. This was due to congestion at internet traffic exchange points that are not managed by the operator, but through which traffic destined for end-users needed to pass. By deploying Ultraband, the operator was able to bring the most popular and frequently accessed content onto its network and manage the quality of its delivery.

See "PeerApp Inks Multi-Million Dollar Operator Caching Infrastructure Deal With Cable Operator" - here.

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