Highwinds raises $55m
March 12, 2008
Highwinds Network Group, a multi-platform IP services and content distribution provider, has closed a $55 million round of equity financing led by General Catalyst Partners and Alta Communications. The financing will fund the infrastructure build-out of Highwinds' RollingThunder network, including a content delivery network offering.
Highwinds' RollingThunder network was unveiled in conjunction with an announcement of a partnership between Highwinds, Digital Rapids Corporation and Knack Networks to create advanced IPTV solutions for media companies.
Other posts by :
- Major banks support AST SpaceMobile
- Fitch downgrades DirecTV debt
- Some new US Starlink subs face $1,000 start-up fee
- Project Kuiper beating OneWeb
- OQ Tech gets Luxembourg 5G-by-Sat concession
- Roskosmos: Heads roll, launch project scrapped
- MDA under pressure over satellite order
- SES backs C-band action from FCC
