Monday, September 8, 2008

Tata Communications Launches CDN, Invests $11.5 Million In BitGravity

from Dan Rayburn's BusinessOfVideo blog (emphasys added):

>>This morning, Tata Communications announced the launch of their new global CDN service using BitGravity's technology. In addition, Tata announced it had made a $11.5 million investment in BitGravity, bringing BitGravity's total money raised to date to just over $14 million.

...

While some classified this as a reseller arrangement when Tata and BitGravity announced the initial partnership in March, Tata is not reselling BitGravity and has spent the past six months building out CDN capabilities on their own network.

...

Tata won't be the last IP carrier to enter the market and I know of some additional carriers who want to launch CDN offerings in the next few quarters.

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