Highwinds Network Group
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Highwinds Network Group, Inc. (Highwinds) was a company founded in 2002 that offered IP services including
CDN CDN may refer to: Places * Canada (Canadian), a North American country * , a neighborhood in Montreal, Quebec, Canada Technology * Content delivery network, on the Internet * Change detection and notification, of Web pages Transportation * Can ...
, cloud storage, IP transit, transport and colocation. The company headquarters were located in Winter Park,
Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...
, United States. Highwinds maintained Network Operations Centers (NOCs) in Winter Park, FL, Phoenix, AZ, and Amsterdam, Netherlands as well as offices in Costa Mesa, CA, São Paulo, Brazil and London, England. The Highwinds network, called RollingThunder, consisted of more than 70 points of presence throughout North America, South America, Europe, Asia and Australia. Highwinds provided video streaming services to media companies including Blip.TV and Hudl, delivered online games for publishers such as
Valve A valve is a device or natural object that regulates, directs or controls the flow of a fluid (gases, liquids, fluidized solids, or slurries) by opening, closing, or partially obstructing various passageways. Valves are technically fittings ...
and CCP Games and distributed advertising assets for leading platforms including Facebook's LiveRail.


Financing announcements

On March 11, 2008, Highwinds announced it had closed a $55 million round of equity financing led by General Catalyst Partners and
Alta Communications Alta Communications is an American private equity firm primarily working with media and the communication sector. Their equity funds are invested in about 100 companies with a total market capitalization approximately $1.5 billion. Alta Commu ...
. The funds will be used to expand the Highwinds CDN and RollingThunder network. On May 4, 2011, Highwinds announced that it had secured a $50 million credit facility with Silicon Valley Bank and Comerica Bank. According to the press release from the company, the new credit facility allowed Highwinds to achieve a more attractive all-in cost of capital and was evidence of the company's impressive financial profile. On August 8, 2013, Highwinds announced that it had secured $205 million in new financing. The transaction was led by Cerberus Business Finance, LLC and Goldman Sachs BDC, Inc., an investment fund managed by Goldman Sachs Asset Management, L.P., with participation from the company's existing equity sponsor, General Catalyst Partners, and the company's management team. The funding positioned Highwinds for massive growth of its global CDN. On February 4, 2017, Highwinds was acquired by
StackPath StackPath is an American edge computing platform provider headquartered in Dallas, Texas. Its founding team was led by Lance Crosby, who also co-founded SoftLayer Technologies, acquired by IBM in 2013. Acquisitions * MaxCDN (CDN), 2016 * Stami ...
, an edge computing company. Financial details of the transaction were not disclosed. As quoted in their blog, "Highwinds' services and platform will be integrated with existing StackPath offerings and operations to create a single global platform with the industry's best security features and performance." Omicron Media, the former owner of Highwinds, maintained ownership over the Usenet portion of Highwinds and maintains their operations under the name HW Media.


See also

*
Content Delivery Network A content delivery network, or content distribution network (CDN), is a geographically distributed network of proxy servers and their data centers. The goal is to provide high availability and performance by distributing the service spatially rel ...


References


External links

* {{official website, http://www.highwinds.com/ Internet technology companies of the United States Companies based in Orange County, Florida Privately held companies based in Florida