Tech Company Financing Transactions
Cotendo Funding Round
Benchmark Capital and Sequoia Capital participated in a $7 million Series B venture round for Cotendo. The round was announced on 3/11/2009.
Transaction Overview
Company Name
Announced On
3/11/2009
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors
Benchmark Capital (Arad Naveh)
Sequoia Capital (Randy Ditzler)
Proceeds Purpose
The new financing round, which follows initial funding by Sequoia Capital in January 2008, enables Cotendo to augment its team, bring its advanced suite of content delivery applications to the market, and accelerate new product development activities.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
530 Lakeside Drive 140
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
Cotendo is a content delivery network and an innovator of software-focused CDN technologies. Cotendo's full suite of content delivery applications is addressing an important unmet need that Internet content providers have for application-level flexibility and sophisticated management of performance and cost.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ronni Zehavi
Chief Financial Officer
Jag Setlur
Chief Technical Officer
David Drai
VP - Operations
Michael Kuperman
VP - R & D
Udi Trugman
VP - Sales
Michel Maeso
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