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 :
- SES happy with releasing 160MHz of spectrum for 5G
- Inmarsat “likely to win appeal” over Ligado/AST action
- FCC seeks fair play over foreign satellite access
- Bank raises RocketLab target price
- Ukraine wants its own LEO system
- SpaceX outlines Starlink cellular delivery plan
- NAB vs CTIA on C-band release
- Laser terminals to operate at 100x faster
