Deals

Stealthy CDN Cotendo gets funding from Sequoia

There’s not much public on Israeli startup Cotendo, a content delivery network that Sequoia Capital recently invested in, according to Tech Confidential. The Sequoia page on the company simply states that the company offers “better performance and low operational costs.”

Despite the mystery, it seems a pretty sure bet that Cotendo is, like most newer CDN startups, aiming for better video delivery. The company’s founding team, most of whom came from an anti-virus firm called Commtouch, are also members of a Meetup group “dedicated to exploring the IP Video revolution.”

No amount was disclosed for the funding in Cotendo, although it was almost certainly the company’s first, as it appears to have been founded just a few months ago.