Cotendo

Company Overview

Snapshot

Founded in January 2008 by Ronni Zehavi, Cotendo operated with 11–50 employees. The company raised a total of $36 million across 4 funding rounds from 6 investors. Cotendo was acquired by Akamai Technologies in November 2011.

Business overview

Cotendo is a Business Software company specializing in cloud-based acceleration technologies. The company develops software focused on Content Delivery Network (CDN) technologies, providing site-acceleration services. It primarily serves enterprises within the IT & Network Management and Software Development Tools sectors, operating within the broader IT, R&D & Data Solutions market.

Strategic signal

In December 2011, Akamai Technologies completed its acquisition of Cotendo for $268 million. This acquisition signaled a consolidation within the content delivery network market, with a major player like Akamai strengthening its position by integrating Cotendo's cloud-based acceleration technologies. For investors, this demonstrated the strategic value and competitive landscape of advanced CDN solutions at the time.

Company Intelligence Q&A

When was Cotendo acquired?

Cotendo was acquired by Akamai Technologies in November 2011.

What was the acquisition amount for Cotendo?

Akamai Technologies acquired Cotendo for $268 million in December 2011, as reported by TechCrunch.

Which investors participated in Cotendo's June 2011 funding round?

In June 2011, Cotendo received investment from Thomvest Ventures and Sequoia Capital.

Which investors participated in Cotendo's May 2010 funding round?

In May 2010, Cotendo received investment from Benchmark Capital and Tenaya Capital.

Who founded Cotendo?

Cotendo was founded by Ronni Zehavi in January 2008.