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Cotendo  Acquired by Akamai Technologies (2011 $ 268,000,000 )

530 Lakeside Drive #140
Sunnyvale, CA 94085
Website Company Summary Management Team

CEO: Ronni Zehavi (01/31/2008)
President/COO/Operations: Michael Kuperman (12/31/2009)
Technology: Udi Trugman (01/31/2008)
Sales/Marketing: Amos Ben-Yaacov

Outside board: (May no longer be on the board) Thomas E Banahan (Tenaya Capital Managing Director) Randy L Ditzler (Sequoia Capital Partner) Arad Naveh (Benchmark General Partner) Haim Sadger (Sequoia Capital Partner)
Advisory board: Jonathan Heiliger (Meta VP Technical Operations)
Former advisory board: Mike Sawyer (ShopNow)

Business description: Cotendo, an innovator of cloud-based acceleration technologies, offers an integrated suite of Web and Mobile Acceleration Services from its 30 global distributed point of presence (POPs). Cotendo’s single-platform software was built from the ground up. It includes acceleration services for dynamic Web applications, static and dynamic Web content, SSL, Advanced DNS, Adaptive Image Compression performance monitoring, and automatic failover as well as real-time reports and analytics. Cotendo also offers a distributed cloud application environment called Cloudlet that allows content providers and enterprises to make logic and data decisions at the edge, closest to the end users. Cotendo’s superior performance and functionality enable clients to maximize monetization and productivity of their Web and mobile assets. Cotendo's founders took a fresh look at the morphing demands of the global content acceleration market. After analyzing content delivery and Web acceleration providers of the last decade, they concluded that agile, intelligent software—not massive infrastructure—would meet today’s enterprise and global content delivery challenges and keep pace with tomorrow’s demands. Today, using a fraction of the infrastructure and resources used by traditional providers, Cotendo’s pioneering suite of Web and Mobile Acceleration services accelerates billions of transactions for millions of Internet users worldwide. Cotendo is headquartered in Silicon Valley with an R&D center in Israel.
Customers include: AdBrite Bayer Payoneer Supersonic Viadeo Vistaprint ;
Partners include: ATandTJuniper NetworksRed HatSumitomo;  Wam!Net

Rounds: 4
Recent Fundings: Jun 2011   May 2010
Capital raised: 36.0M
Last Round: 17.0M
Ownership: Acquired by Akamai Technologies (2011 $ 268,000,000 )
Corporate investors: Juniper Networks Citrix

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Record updated: Dec 2011
Sector: Software
Year Founded: 2008
Headcount: 101-150 as of Dec 2011
Rounds: 4
Recent Fundings: Jun 2011   May 2010
Capital Raised: 36.0M
Last Round: 17.0M
Ownership: Acquired by Akamai Technologies (2011 $ 268,000,000 )