Stealthy CDN Cotendo gets funding from Sequoia
There’s not much public on Israeli startup Cotendo, a content delivery network that Sequoia Capital recently invested in, according to Tech Confidential. The Sequoia page on the company simply states that the company offers “better performance and low operational costs.”
Despite the mystery, it seems a pretty sure bet that Cotendo is, like most newer CDN startups, aiming for better video delivery. The company’s founding team, most of whom came from an anti-virus firm called Commtouch, are also members of a Meetup group “dedicated to exploring the IP Video revolution.”
No amount was disclosed for the funding in Cotendo, although it was almost certainly the company’s first, as it appears to have been founded just a few months ago.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.