Highwinds Network Group, Inc. (Highwinds) was a company founded in 2002 that offered IP services including content delivery network (CDN), cloud storage, IP transit, transport and colocation. The company headquarters were located in Winter Park , Florida , 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 and CCP Games and distributed advertising assets for leading platforms including Facebook's LiveRail.
7-475: 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
14-772: 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. General Catalyst General Catalyst is a global investment and transformation company that makes seed to growth stage investments and beyond. The firm has invested in 700+ businesses, including global companies such as Airbnb , Anduril, Applied Intuition , Commure, Glean, Guild, HubSpot, Kayak , Datalogix , Datto , Livongo , Gusto , Zepto, Ramp, Sword, Deliveroo , Samsara, Stripe , Snap , Mistral , and Helsing. General Catalyst
21-479: The company had invested in 25 Indian startups, including CRED, Uni, Spinny, Orange Health, FarMart, and Loop Health with investments ranging in all stages. In March 2023, General Catalyst was a supporter of the Silicon Valley Bank (SVB), after U.S. regulators shut it down after a significant number of the bank's customers sought to withdraw funds after dropping stock prices. General Catalyst, which
28-455: 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
35-447: 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
42-631: Was a SVB customer, organized a joint statement of support signed by more than 110 venture capital firms. As of 2020, it was ranked as one of America's largest venture capital firms. In June 2024, General Catalyst acquired La Famiglia, a German venture capital firm. In October 2024, General Catalyst announced the raise of $ 8 billion in new funds, including $ 4.5 billion for their core venture funds, making it their largest fundraise yet. General Catalyst makes capital investments in seed-stage companies, early-stage businesses and later-stage companies. In 2021, General Catalyst raised $ 600 million for
49-557: Was founded in 2000 in Massachusetts by Joel Cutler and David Fialkow . In 2010, the company opened a Silicon Valley office. In 2021, the firm managed more than $ 8 billion in assets. In February 2022, it raised $ 4.6 billion for its 11th general fund. This brought the firm's total raised in its 20-year history to $ 14.75 billion. In 2021, the firm opened a London office. By September 2022, General Catalyst had invested in 17 European startups. By April 2023,
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