About Velocix
Velocix is a company based in Cambridge (Canada) founded in 2002 was acquired by Alcatel-Lucent in July 2009.. Velocix has raised $79.01 million across 5 funding rounds from investors including 3i Group, Alcatel-Lucent and Pentech. Velocix offers products and services including Velocix CDN, Velocix CDN Broker, Velocix Origin, Velocix Recording Manager, and Velocix Analytics. Velocix operates in a competitive market with competitors including CloudFlare, Akamai, Limelight, Level 3 Communications and Fastly, among others.
- Headquarter Cambridge, Canada
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Velocix Solutions Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$79.01 M (USD)
in 5 rounds
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Latest Funding Round
$27 M (USD), Series D
Apr 01, 2008
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Investors
3i Group
& 4 more
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Employee Count
Employee Count
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Acquired by
Alcatel-Lucent
(Jul 28, 2009)
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Products & Services of Velocix
Velocix offers a comprehensive portfolio of products and services, including Velocix CDN, Velocix CDN Broker, Velocix Origin, Velocix Recording Manager, and Velocix Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for distributing and caching video content efficiently.
Tool for switching between CDNs to optimize streaming efficiency.
Scalable engine for packaging and protecting video content.
Control plane for orchestrating recording and playback services.
Cloud-native tool for insights into network and subscriber behavior.
Platform for ad insertion and content personalization in videos.
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Funding Insights of Velocix
Velocix has successfully raised a total of $79.01M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $27 million completed in April 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $27.0M
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First Round
First Round
(01 Aug 2003)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2008 | Amount | Series D - Velocix | Valuation |
investors |
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| Jan, 2008 | Amount | Series D - Velocix | Valuation |
investors |
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| Jul, 2006 | Amount | Series C - Velocix | Valuation | Amadeus Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Velocix
Velocix has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include 3i Group, Alcatel-Lucent and Pentech. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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UK tech and offline companies are funded by Pentech.
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Founded Year | Domain | Location | |
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Early-stage deep technology investments are made by Amadeus Capital.
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Founded Year | Domain | Location | |
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Private equity firm focused on mid-market businesses
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Velocix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Velocix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Velocix Comparisons
Competitors of Velocix
Velocix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CloudFlare, Akamai, Limelight, Level 3 Communications and Fastly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud based website security solutions
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| domain | founded_year | HQ Location |
Provider of cloud and AI based CDN management software
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| domain | founded_year | HQ Location |
Cloud-based content delivery network solutions are provided globally.
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| domain | founded_year | HQ Location |
Communication, telecom & DDoS mitigation service provider
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| domain | founded_year | HQ Location |
Cloud-based content delivery network software is developed for infrastructure management.
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| domain | founded_year | HQ Location |
IP-based video solutions for live media production workflows are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Velocix
Frequently Asked Questions about Velocix
When was Velocix founded?
Velocix was founded in 2002 and raised its 1st funding round 1 year after it was founded.
Where is Velocix located?
Velocix is headquartered in Cambridge, Canada. It is registered at Cambridge, Ontario, Canada.
Is Velocix a funded company?
Velocix is a funded company, having raised a total of $79.01M across 5 funding rounds to date. The company's 1st funding round was a Series C of $20M, raised on Aug 01, 2003.
What does Velocix do?
Velocix was founded in 2002 in Cambridge, Canada, within the digital delivery sector. Advanced services for live and on-demand video streaming, along with file downloads, are provided. A globally deployed Content Delivery Network (CDN) is operated to handle large digital assets, including video, music, software, and games, supporting internet-based distribution.
Who are the top competitors of Velocix?
Velocix's top competitors include CloudFlare, Akamai and Limelight.
What products or services does Velocix offer?
Velocix offers Velocix CDN, Velocix CDN Broker, Velocix Origin, Velocix Recording Manager, and 2 more products and services.
Who are Velocix's investors?
Velocix has 5 investors. Key investors include 3i Group, Alcatel-Lucent, Pentech, Amadeus Capital Partners, and Cambridge Gateway Fund.
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