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Edgecast

From Alfawiki
Edgecast, Inc.
Company typeSubsidiary
IndustryContent delivery network, Video streaming
Founded2006
Headquarters
Los Angeles
,
United States
ParentYahoo! Inc. (until 2022), then Edgio (post-acquisition)

Edgecast, Inc.—previously known as Edgio and Verizon Digital Media Services—operated as a subsidiary of Yahoo! Inc. and specialized in providing content delivery network (CDN) and video streaming solutions. Established in 2006, Edgecast pioneered self-service CDN technology that gained widespread adoption across the telecommunication and hosting sectors.

On June 16, 2022, Limelight Networks completed the acquisition of Edgecast, subsequently rebranding the combined company as Edgio, thereby establishing a prominent global presence in edge computing services.

By late 2024, Edgio initiated Chapter 11 bankruptcy proceedings. Subsequently, on February 10, 2025, Parler Cloud Technologies acquired Edgecast along with its underlying technology, while the majority of Edgio's remaining assets were purchased by Akamai.

History

Founded in 2006 as Edgecast Networks, Inc., the company received initial investment from Steamboat Ventures, the venture capital division of The Walt Disney Company, and was headquartered in Los Angeles, California.

Verizon Communications and Edgecast's boards approved Verizon’s acquisition on December 9, 2013, with the transaction closing on December 23, 2013. Between 2013 and 2016, Edgecast functioned as a Verizon subsidiary under Verizon Digital Media Services (VDMS), alongside other entities such as upLynk LLC.

In 2017, VDMS was integrated into Oath Inc., which was rebranded as Verizon Media in January 2019. After Apollo Global Management acquired a 90% ownership stake in Verizon Media in September 2021, VDMS reverted to operating under the Edgecast brand within the Yahoo! Inc. portfolio.

Limelight Networks announced its intention to purchase Edgecast for roughly $300 million on March 7, 2022; following deal closure on June 16, 2022, the merged organization adopted the Edgio name.

During fall 2024, Edgio filed for bankruptcy protection. While Akamai acquired a portion of Edgio’s assets excluding Edgecast’s core technology, Parler Cloud Technologies purchased that technology on February 10, 2025, facilitating the relaunch of the Edgecast brand in early 2025.

Edgecast earned significant industry accolades including ranking third among CDN providers by Yankee Group in August 2009 and achieving EBITA profitability during Q2 of that year. Additionally, it secured the 13th position on Deloitte’s North America Fast 500 list in 2012.

Uplynk

Uplynk, stylized as upLynk, was a Los Angeles–based startup established in 2010 that focused on video-streaming solutions, primarily serving Disney–ABC Television Group. By January 2013, this self-funded firm employed ten staff members and was noted for its streamlined platform that enabled efficient multi-device content delivery while preserving superior streaming quality. Verizon Digital Media Services acquired Uplynk on November 13, 2013—reportedly for over $75 million—bolstering Verizon’s video streaming portfolio and expanding its footprint within digital media markets.

Logos

During its initial years, the company utilized the following logo:


External links