Scottsdale Arizona based Limelight Networks is raising $22,500,000.00 in New Equity Investment.
Scottsdale, AZ – According to filings with the U.S. Securities and Exchange Commission, Limelight Networks is raising $22,500,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Robert Lyons played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Limelight Networks
Limelight Networks, Inc. (NASDAQ: LLNW) is an industry-leader in content delivery services and AppOps at the edge that provides powerful tools and a client-first approach to optimize and deliver digital experiences at the edge. We are a trusted partner to the worlds biggest brands and serve their global customers with experiences such as livestream sporting events, global movie launches, video games or file downloads for new phone apps. Limelight offers one of the largest, best-optimized private networks coupled with a global team of industry experts to provide edge services that are fast, secure and reliable. Limelight Networks, Inc. provides content delivery and related services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates private networks that deliver Websites, mobile applications, videos, music, software, games, and APIs; offers live and on-demand video delivery services; and provides online video platforms that help organizations manage, publish, syndicate, analyze, and monetize video contents. It also offers edge cloud services; cloud security services that provide defense against malicious apps, Website attacks, and unauthorized content access; and cloud storage services. In addition, the company provides professional services; and other infrastructure services, such as transit and rack space services. It serves media companies operating in the television, music, radio, newspaper, magazine, movie, gaming, software, and social media industries, as well as technology companies and other entities conducting businesses online. The company was founded in 2001 and is headquartered in Scottsdale, Arizona.
To learn more about Limelight Networks, visit http://www.limelight.com/
Contact:
Robert Lyons, President and Chief Executive Officer
602-850-5000
https://www.linkedin.com/in/bob-lyons-2156342/
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