Cotendo

Cloud-based Acceleration Technologies

Business Software
Acquired (Inactive) by Akamai Technologies on Nov 2011 - closed due to acquisition

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 before being acquired by Akamai Technologies in November 2011.

Business overview

Cotendo was a Business Software company specializing in content delivery network (CDN) and site-acceleration services. The company developed software focused on CDN technologies, serving enterprises with solutions for IT & Network Management and Product Development Tools.

Strategic signal

In December 2011, Cotendo was acquired by Akamai Technologies for $268 million. This acquisition marked a significant consolidation in the CDN market, demonstrating Akamai's strategic move to enhance its cloud-based acceleration capabilities and integrate Cotendo's technology into its offerings.

Company Intelligence Q&A

When was Cotendo founded?
Cotendo was founded in January 2008.
Who founded Cotendo?
Cotendo was founded by Ronni Zehavi.
When was Cotendo acquired?
Cotendo was acquired by Akamai Technologies in November 2011.
Which investors participated in Cotendo's June 2011 funding round?
In June 2011, Cotendo received funding from Thomvest Ventures and Sequoia Capital.
Which investors participated in Cotendo's May 2010 funding round?
In May 2010, Cotendo received funding from Benchmark Capital and Tenaya Capital.

External links