Velocix

Cambridge, Canada Founded: 2002 • Age: 24 yrs Acquired By Alcatel-Lucent
CDN services for video streaming and file delivery are offered.

About Velocix

Velocix is a Technology company based in Cambridge (Canada) founded in 2002, and was acquired by Alcatel-Lucent in July 2009. It operates as a CDN services for video streaming and file delivery are offered. 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. Its focus areas include Enterprise Infrastructure, Enterprise Networking and CDN. Its legal entity is VELOCIX SOLUTIONS LIMITED. Its competitors include CloudFlare, Akamai, Limelight, Level 3 Communications and Fastly and 5 more; 8 of its 10 listed competitors have raised funding.

Company details

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.

  • Headquarters Cambridge, Canada
  • Stage Acquired
  • Sectors
    Technology
  • Website velocix.com
  • Social LinkedIn X
  • Acquired by Alcatel-Lucent (Jul 2009)
  • Legal Name Velocix Solutions Limited
Key Metrics
  • Total Equity Funding
    $79.01M (USD)

    in 5 rounds

  • Latest Funding Round
    $27M (USD), Series D

    Apr 2008

  • Investors
    3i Group

    & 4 more

  • Acquired by

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.

Velocix CDN
Content Delivery Network

Software for distributing and caching video content efficiently.

Velocix CDN Broker
Multi-CDN Management

Tool for switching between CDNs to optimize streaming efficiency.

Velocix Origin
Content Recording Platform

Scalable engine for packaging and protecting video content.

Velocix Recording Manager
DVR and TV Applications

Control plane for orchestrating recording and playback services.

Velocix Analytics
Data Analytics Platform

Cloud-native tool for insights into network and subscriber behavior.

Velocix Personalisation Platform
Stream Customization

Platform for ad insertion and content personalization in videos.

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 $79.01M
  • Total Rounds 5
  • Last Round Series D β€” $27M
  • First Round $1.41M

    (Aug 2003)

  • Investors Count 4

All 5 funding rounds of Velocix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2008$27MSeries D––
Jan 2008$25MSeries D––
Jul 2006$20MSeries C–Amadeus Capital
Jan 2005$5.6MSeries B–3i Group
Aug 2003$1.41MSeries A––
Valuation history

5 investors in total: 5 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
UK tech and offline companies are funded by Pentech.
–pentech.vcEdinburgh, United Kingdom
Early-stage deep technology investments are made by Amadeus Capital.
–amadeuscapital.comLondon, United Kingdom
Private equity firm focused on mid-market businesses
19453i.comLondon, United Kingdom
-
–cambridgegateway.com-
IP networking, ultra-broadband access, and cloud solutions are provided.
2006alcatel-lucent.com-
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Investor details for Velocix

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People of Velocix

13 people are tracked at Velocix (6 in leadership, 5 in board & advisors, 2 in team).

NameRoleGroup
Jim Brickmeier
Chief Executive OfficerLeadership
Miriam Lamburn
Finance DirectorLeadership
Gabriel Guerra
VP Sales Emea/apacLeadership
Andy Cummings
VP Business Operations And Strategic PlanningLeadership
Luis Estevens
Regional Program DirectorLeadership
Duarte Grácio
Regional Program DirectorLeadership
Birgit Troy
DirectorBoard & advisors
Brian Beattie
DirectorBoard & advisors
David Nyland
DirectorBoard & advisors
Basil Alwan
DirectorBoard & advisors
Mark Miller
DirectorBoard & advisors
Liz Filbey
Payables ManagerTeam
Chris Grimes
Finance ManagerTeam
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Timeline of Velocix

4 dated milestones of Velocix across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Velocix is founded.
  2. Funding First funding round of $1.4M.
  3. Funding Latest funding round, Series D, of $27.0M.
  4. Exit Acquired by Alcatel-Lucent.

Competitors of Velocix

Velocix has 10 listed competitors in our database, 8 of them funded. They include CloudFlare, Akamai, Limelight, Level 3 Communications and Fastly, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cloudflare.com2009San Francisco, United States$332.1M4,263
Cloud based website security solutions
akamai.com1998Cambridge, United States$61.5M10,250
Provider of cloud and AI based CDN management software
limelight.com2001Tempe, United States$130M258
Cloud-based content delivery network solutions are provided globally.
level3.com1998Broomfield, United States––
Communication, telecom & DDoS mitigation service provider
fastly.com2011San Francisco, United States$220.07M779
Cloud-based content delivery network software is developed for infrastructure management.
tvunetworks.com2005Mountain View, United States$9.56M–
IP-based video solutions for live media production workflows are provided.
cdnetworks.com2000Campbell, United States$96.5M16
Content delivery network solutions are provided for edge computing platforms.
xunlei.com2003Shanghai, China$340M–
Content distribution and cloud acceleration services are provided.
cedexis.com2009Portland, United States$33.3M53
Internet performance and traffic are monitored by Cedexis platform.
ntt.com1999Chiyoda, Japan–131
Hybrid cloud solutions and CDN services are provided for optimization.
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Detailed competitors of Velocix

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Web traffic of Velocix

Websites that share an audience with Velocix (velocix.com).

Similar websites

Websites whose visitors overlap most with Velocix. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
store.indiecity.com
store.indiecity.com
100%
–––
mirror-image.com
100%
––View details
edgecast.com
100%
––View details
highwinds.com
97%
––View details
cachelogic.com
cachelogic.com
87%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 15 similar websites and full traffic analytics for Velocix

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Top companies in Enterprise Networking & IT Infrastructure

10 companies that operate in the same segment as Velocix (Enterprise Networking & IT Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
Cloud based website security solutions
2009San Francisco, California, United StatesUSD 332.1 MUSD 1.67 B7,330
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Provider of cloud and AI based CDN management software
1998Cambridge, Massachusetts, United StatesUSD 61.5 MUSD 4.21 B10,700
Cloud-based monitoring and tracing of hybrid application performance are provided.
1999Austin, Texas, United StatesUSD 308.14 MUSD 2.11 K153
Cloud networking solutions are delivered via AI and SaaS platforms.
2004Santa Clara, California, United StatesUSD 1.5 MUSD 7 B4,410
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
Cloud-based content delivery network solutions are provided globally.
2001Tempe, Arizona, United StatesUSD 130 MUSD 15.87 M18
Cloud security solutions are delivered for enterprise visibility and protection.
2012Santa Clara, California, United StatesUSD 1.44 BUSD 34.05 M3,400
Hybrid cloud integration software is developed for enterprise connectivity.
2014Santa Clara, California, United StatesUSD 346 MUSD 1.32 M419
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Related news about Velocix

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Frequently Asked Questions about Velocix

Velocix was founded in 2002 and raised its 1st funding round 1 year after it was founded.

Velocix is headquartered in Cambridge, Canada. It is registered at Cambridge, Ontario, Canada.

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 A of $1.41M, raised on Aug 2003.

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.

Velocix's top competitors include CloudFlare, Akamai and Limelight.

Velocix offers Velocix CDN, Velocix CDN Broker, Velocix Origin, Velocix Recording Manager, and 2 more products and services.

Velocix has 5 investors. Key investors include 3i Group, Alcatel-Lucent, Pentech, Amadeus Capital Partners, and Cambridge Gateway Fund.

Velocix operates through Velocix Solutions Limited.

Yes. Velocix was acquired by Alcatel-Lucent in July 2009.

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