Tuesday, May 4, 2010

Cotendo Gets $12M

Sunnyvale-based Cotendo, a content delivery network (CDN) services provider, said Tuesday that it has raised $12M in a Series C funding. The funding was led by Tenaya Capital and also included Sequoia Capital and Benchmark Capital. Tom Banahan of Tenaya joins the firm's board with the funding. The company said the funding will go towards scaling its domestic and international business, as well as for its technology. More information »