Delve Networks

Delve Networks provides an online video publishing and search platform.

Business Model:

Revenue: $0

Employees: 501-1,000

Detailed Delve Networks Information

Geographic Data

Delve Networks headquarters map

Address:

City: Seattle

State: Washington

Zip:

Country: United States

Financial Info

Stage:

series unknown

Raised Last:

$2M

Raised Total:

$12M

Metrics

4,769,924Website Global Rank

1,808Website Monthly Traffic

Twitter Followers

Description

Delve Networks, founded by Alex Castro, in Seattle is an online video platform, that acquired 280+ customers including the NFL, Cleveland Clinic, Prudential, Pokemon, Lego, Fidelity, Kansas City Chief and delivered 200 million streams per month. Delve Networks was acquired by Limelight Networks in 2010 and Delve became a business unit within Limelight (and remained based in Seattle). Delve&s;s CEO, Alex Castro, continued to lead the business and Vice President and General Manager of the Limelight Video Platform business unit. Many of Delve&s;s employees came from Amazon, Yahoo, and Google. Delve&s;s VP of Product Development, Edgardo Nazario, was an early employee of storage company, Isilon Systems, which was backed by Sequoia and acquired by EMC. Previously, Edgardo worked at early video pioneer, Real Networks. Delve&s; founder, Alex Castro was at Amazon where he launched Mechanical Turk. Prior to that he was at Microsoft where he launched the initial version of Microsoft CRM and worked on Windows Client and Internet Explorer. Delve&s;s board included Mark Klebanoff, a former Seattle venture capitalist and the CFO who took Real Networks public. Post acquisition, the Delve video platform business experienced strong growth in worldwide customers and revenue. Delve founder and CEO, Alex Castro, eventually joined Electronic Arts as a Vice President. Edgardo Nazario is current a Senior Vice President at Limelight Networks.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
8/2007 Series A 3 $8M Intel Capital
Frontier Venture Capital
Labrador Ventures
Intel Capital
Intel Capital
Frontier Venture Capital
Labrador Ventures
Intel Capital
12/2006 Seed Round 1 $1.6M Intel Capital
Intel Capital
1/2009 Venture Round 1 - Keiretsu Forum
Keiretsu Forum
6/2009 Venture Round $1.9M
1/2009 Venture Round 1 - Keiretsu Forum
Keiretsu Forum
Announced Date Name Price

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