Acquired by on August 2, 2010
Total Equity Funding
$11.57M in 3 Rounds from 3 Investors
Seattle, Washington
Delve Networks provides an online video publishing and search platform.
Search Engine, E-Commerce, Publishing, Video

Company Details


Delve Networks, founded by Alex Castro, in Seattle is an online video platform, that acquired 280+ customers including the NFL, Cleveland Clinic, Prudential, Pokemon, Lego, Fidelity, Kansas City Chief and delivered 200 million streams per month.

Delve Networks was acquired by Limelight Networks in 2010 and Delve became a business unit within Limelight (and remained based in Seattle). Delve's CEO, Alex Castro, continued to lead the business and Vice President and General Manager of the Limelight Video Platform business unit.

Many of Delve's employees came from Amazon, Yahoo, and Google. Delve's VP of Product Development, Edgardo Nazario, was an early employee of storage company, Isilon Systems, which was backed by Sequoia and acquired by EMC. Previously, Edgardo worked at early video pioneer, Real Networks. Delve' founder, Alex Castro was at Amazon where he launched Mechanical Turk. Prior to that he was at Microsoft where he launched the initial version of Microsoft CRM and worked on Windows Client and Internet Explorer. Delve's board included Mark Klebanoff, a former Seattle venture capitalist and the CFO who took Real Networks public.

Post acquisition, the Delve video platform business experienced strong growth in worldwide customers and revenue. Delve founder and CEO, Alex Castro, eventually joined Electronic Arts as a Vice President. Edgardo Nazario is current a Senior Vice President at Limelight Networks.

Funding Rounds (3) - $11.57M

DateAmount / RoundValuationLead InvestorInvestors
Jun, 2009$1.92M / Venture0
Aug, 2007$8M / Series A3
Dec, 2006$1.65M / Seed1

Investors (3)

Competitors (5)

  • Brightcove is offers cloud-based platforms to publish and distribute digital media.
  • Endavo Media is an OTT video and MCN services platform
  • Monetize Media is an online video platform with live streaming and on-demand video capabilities.
  • VMIX Media provides carrier-class online video publishing and communication solutions for high-volume video producers.
  • YuMe is a provider of digital video brand advertising solutions that drives inventory monetization and more.

Offices/Locations (1)

  • Headquarters

    206 1st Ave South

    Seattle, Washington 98104

    United States

Past Team (7)


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