Highwinds Network Group, Inc., a multi-platform IP services and content distribution provider, today announced it has closed a $55 million round of equity financing led by General Catalyst Partners and Alta Communications.
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Highwinds Network Group, Inc.
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Highwinds has been a leader in the development of content replication and delivery software and services since 2002. This experience has led to a number of technology innovations in network management, distributed file system technology and advanced content routing methods. The Highwinds CDN leverages best-in-class hardware and software to quickly and successfully move content at a global level. The company's high-performance RollingThunder(TM) network and user-friendly StrikeTracker(TM) content management and reporting dashboard enable clients to deploy and manage content, file downloads and streaming media. Highwinds is headquartered in Winter Park, Fla., and maintains data centers in thirteen North American and European cities.
General Catalyst Partners is a venture capital firm that invests in exceptional entrepreneurs who are building the technology-based companies that will lead innovation and transform industries. Founded in 2000, General Catalyst Partners leverages its principals' extensive operational, business development and technological expertise to provide portfolio companies with a catalyst for success through business-building and partnership development assistance. General Catalyst is headquartered in Cambridge, Mass.
Alta Communications is a Boston-based private equity firm specializing in equity investments in media and communications companies. Through a series of Alta limited partnerships, as well as at Alta's predecessor firm, Burr, Egan, Deleage & Co., the investment professionals at Alta have been one of the most successful investment teams in the media and communications industries over the last 25 years. Alta has a very successful track record and has been extremely active since its founding, having invested in over 100 media and telecommunications companies. The firm manages private equity funds representing $1.5 billion in committed capital and its investors include some of the world's most prominent university endowments and pension funds.
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