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Qwilt aims to help service providers stitch together CDN strategy
Qwilt is a firm that has recently emerged from a quiet product development phase to start talking about its technology for enabling 'transparent' caching of video. Qwilt's technology is aimed at telcos and ISPs wanting to build CDNs that can handle the wave of unmanaged video traffic swamping their networks.
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Glaser Gets Real With 4G
Glaser, who was an early investor in the voice-control company Tellme Networks Inc. years ago, is now helping Accel with its investment in Qwilt Inc., a provider of hardware meant to make video delivery "dramatically more efficient," according to Glaser. Qwilt, started by founders who sold their deep-packet startup to Cisco, recently announced it had raised US$24 million in two rounds of funding.
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Stealthy Qwilt has raised $24m to ‘cache in’ on IP video
All that growth has operators up in arms about the amount of capacity needed to usher that video traffic over the Internet and into their networks. Until now, many have thrown capacity at the problem by upgrading their networks. But that gets expensive, and isn’t a very capital-efficient way of dealing with the problem.
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Stitching together a video solution for telcos
Ex-Cisco and Juniper execs unveil a pre-funded start-up that aims to help carriers cope with the increasing volumes of video traffic. Serving video streams from closer to the end user should also result in higher quality, as well as helping with the core objective of offloading traffic.
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Qwilt Raises $24 Million for Video-Delivery System
The company, founded in 2010 by veterans of Cisco Systems and Juniper Networks, helps Internet-service providers more efficiently and cost-effectively deliver high-quality video to their customers - meaning more consumers can see video from sources like Netflix, YouTube and Amazon in the highest possible quality, when they want.
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Qwilt raises $24 million to bring video closer to home
Qwilt has raised $24 million in two rounds from some of the same investors who funded Netflix — investors who understand the demands that video delivery puts on carriers, and see the opportunity for Qwilt to help solve that problem.
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Qwilt has emerged from stealth mode with $24 million
Qwilt has emerged from stealth mode with $24 million from firms including Accel and Redpoint for a software platform that runs on commodity hardware to monitor, store and deliver Internet video
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Qwilt Emerges With $24M Round Including Accel, Redpoint
Dyal said that although Redpoint doesn't often invest in infrastructure companies, Qwilt is an exception. "Once Netflix announced its streaming service, online video exploded," he said. "This is very hard stuff to do--these are big software projects…and it's much easier to do in a start-up."
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Backed By $24M, Qwilt Builds Next Generation Video Infrastructure
For Rich Wong, partner at Accel Partners and Qwilt investor, Qwilt is providing new infrastructure for a next generation of online video. Wong, who in a past life was an executive at Covad Communications, which built early Internet infrastructure, says those original networks were not built for today’s traffic. “Those roads were not built for that traffic. They were built for horses and now you’re ripping through with 18-wheelers.”
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With $24M in funding, Qwilt aims to save carriers from video traffic overload
With consumers watching more and more video content over the web via tablets and smartphones, carriers and ISPs are going to need help preparing their networks for the onslaught of traffic. Enter Qwilt, a new startup emerging from stealth mode today aiming to offload the stress of providing popular video content to consumers.