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. 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, 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.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