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BitGravity is a Burlingame, CA, based content delivery network (CDN). The company was founded in 2006 by Barrett Lyon and Perry Wu. Barrett Lyon served as the company’s Chief Technology Officer. Perry Wu was responsible for the strategic direction, financial performance, and team management. The company initially operated in stealth mode for its first year while it developed and tested its first offering. A year later in 2007, the company launched its first Content Delivery Network (CDN) designed for the new generation of higher quality, interactive Internet media. The BitGravity CDN had significant performance advantages over previous generation CDNs that were based on legacy architectures designed for the previous decade’s applications such as text and jpeg files.
In October 2007, BitGravity announced a strategic relationship with Sling Media, maker of the Emmy award-winning Slingbox, ™ hardware that enables users to watch and control live television on their computers or cell phones. Under the relationship, BitGravity served as the CDN for a series of upcoming interactive services from Sling Media. (SlingMedia was acquired by the EchoStar Corporation in 2007.) In 2008, the company introduced BG LiveBroadcast™, the first cost-effective, carrier-grade, live broadcasting solution that let media companies broadcast high-quality, live content over the Internet that rivaled standard television. BitGravity was also selected as a presenter at the DEMO 08 conference hosted the first live broadcast of the conference with BG LiveBroadcast at www.demo.com. In March 2008, BitGravity entered into a strategic alliance with Tata Communications, a global carrier with the world's largest Tier 1 network. Tata Communications invested $11.5 million in the company and obtained the right to co-brand, resell, and jointly market the BitGravity CDN technology platform. Through the alliance, Tata was able to enter the market with its own global Content Delivery Network that year.
In August 2008, BitGravity won its first round of venture funding when Allen & Company and individual investors including Sling Media co-founder Blake Krikorian invested $2.5 million in the company. Krikorian also joined the company’s board of directors. In January, 2011, Tata Communications reached a definitive agreement to acquire BitGravity. The transaction was completed on February 16, 2011 with Tata Communications (Netherlands) B.V. taking 100% control of the company. Today, BitGravity operates as a wholly-owned subsidiary of Tata Communications.
Prior to BitGravity, Barrett Lyon founded Prolexic Technologies which marketed a cloud-based DDoS mitigation platform. In 2009, he co-founded and served as Chief Executive Officer of XDN, Inc., which provides crowd-sourced content delivery network solutions for content and infrastructure providers in the United States and internationally. Following that, he founded Defense.net, a cloud-based DDoS mitigation service.
Prior to founding BitGravity, Perry Wu was involved in helping to build other companies, including Xilinx, Mpath, eWorld, Sitesmith, Alibris, Enkata, Cloudshield, Persist, and WireCache. He has also been involved with a number of venture firms, including Accel Partners, Bedrock Capital, and as a General Partner at ComVentures