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) - $11.57MUpdate
|Apr 6, 2015||GeekWire - Former Isilon manager raises $1.7 million for cloud security startup Praesidio|
|Feb 6, 2014||SEC - SEC FORM D/A|
|Mar 17, 2013||GeekWire - Kate Matsudaira departs Decide, starts Pop Forms|
|Apr 5, 2012||Venture Beat - How Walmart can save the BlackBerry|
|Dec 29, 2011||Cult of Mac - Learn How To Design A User Experience That Apple Would Admire [Deals.CultofMac]|
|Sep 9, 2011||Venture Beat - 6 reasons Amazon needs to buy Hulu|
|Aug 30, 2011||Gigaom - Why Limelight’s big bet on EyeWonder didn’t pay off|
|May 3, 2011||Gigaom - Limelight Adds CMS to the Cloud With Clickability Buy|
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