Limelight Networks
| Public | |
| Traded as | NASDAQ: LLNW |
| Industry | Content delivery |
| Founded | 2001 |
| Founders | Nathan F. Raciborski, Michael M. Gordon, Allan M. Kaplan, William H. Rinehart |
| Headquarters | Tempe, Arizona, United States |
|
Key people
|
Robert Lento (President, CEO, and Director) |
| Revenue |
 US$ 180.24 Million (2012) |
 US$ -32.90 Million (2012) |
|
|
Number of employees
|
Approx 500 |
| Website | www.limelight.com |
Limelight Networks is a company that provides global content delivery network (CDN) services that enable organizations to deliver their digital content (e.g. videos, operating system updates, online games, etc.) to any device, anywhere in the world. As of December 2014, the company's network has over 80 points-of-presence and 15 Terabits per second of egress capacity across the globe. The company is based in Tempe, Arizona, U.S.A.
Limelight Networks was founded in 2001 in Tempe, Arizona as a provider of content delivery network services. Since then it has launched the Limelight Orchestrate Platform to help customers create relationships with end users through video and content that engages them across any connected device anywhere in the world.
In July 2006, the company closed a $130 million equity financing round led by Goldman Sachs Capital Partners. Limelight Networks later raised $240 million in an initial public offering, during June 2007,selling 16 million shares at $15. In April 2008, company founder Michael Gordon was recognized as a "Streaming Media All-Star" by StreamingMedia Magazine, for his contributions to the industry.
Over the years Limelight has received several other awards for its services including, receiving Frost & Sullivan's prestigious award for Product Line Strategy in 2012.Forrester Research named Limelight a Strong Performer in The Forrester Wave™: Online Video Platforms, Q1 2013.
In August 2007, the company announced a technology and services agreement with Microsoft under which Limelight will help improve the performance, scalability, and reliability of Internet delivery of media content and online services, including video, music, games, software, and social media, across Microsoft's global Internet properties. In March 2008, the company was the infrastructure provider for the webcast of Oprah's "A New Earth" classroom series, featuring author Eckhart Tolle. The live event drew over 800,000 users. The server crashed during the event because of an error in the programming code; the crash was widely misreported as a failure of network infrastructure.
In May 2008, NBC announced that the company would be the content delivery network for the 2008 Summer Olympics webcast on NBCOlympics.com. Ultimately, the company delivered "more than 50 million unique visitors, resulting in 1.3 billion page views, 70 million video streams, and 600 million minutes of video watched" for NBCOlympics.com, using Microsoft Silverlight technology.
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