broadcast quality streaming video to entertainment audiences; delivering value at a lower cost than other CDN cached distribution methods. iBEAM, the first company to invent and deploy a network dedicated to streaming media and the "edge network" concept. At its peak, iBEAM traded at $2bil, raised 30+ million privately and 300 million via its IPO, delivered 80% of all audio streaming on the Internet, and owned all top media accounts in the US. Among some of its amazing achievements iBEAM was: first to insert ads into streaming media, first with FCC rights and first solution to broadcasting earnings calls, first to deliver IP/TV streaming service via satellite, developed Real's G2 reflector technology, helped design the first layer 7 switch (Foundry Networks), first simulcast with TV show, helped invent and improve time slicing and TCP/IP utilization of satellites. iBEAM's business relationships and large media customer partners did not survive the bubble bursting in 2001. Prior to its dissolution, iBEAM was purchased by Williams Communications. Status: iBEAM Broadcasting has been closed; IPO / Stock: Went Public on May 21, 2000. Founder: Nils Lar: https://www.linkedin.com/in/nilslahr.