Tuesday, February 6, 2007

Akamai Buys Netli

Akamai Technologies said Monday that it has acquired Mountain View-based Netli. The deal is worth approximately $179M in stock. Netli is funded by Granite Global Ventures, Reed Elsevier Ventures, Morgenthaler Ventures, Bessemer Venture Partners, Alta Partners, BlueRun Ventures, and Leapfrog Ventures, and has raised over $47M in equity funding.