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Akamai Technologies, Inc. (NASDAQ: AKAM), the leading global service provider for accelerating content and business processes online, today announced that VideoEgg, Inc. has uploaded more than three million video files across the Akamai EdgePlatform®. VideoEgg is the leading video solution for online communities, supported by the largest video ad network.
VideoEgg leverages Akamai's unique capabilities for delivering social media content. As a result, VideoEgg can support its rapidly growing customer base with an ad insertion solution and fast user upload of millions of files. With Akamai's platform, VideoEgg offers its global users 90 percent faster upload times to improve the user experience while saving on bandwidth. VideoEgg's technology enables users of social networking sites and online communities such as AOL, Bebo, hi5, Piczo, myYearbook, Dogster and Tagged to post video and images from virtually any device with industry-leading speed and ease.
Akamai also enables VideoEgg to easily add new partner sites while introducing additional ways to monetize digital assets on behalf of these publishers through the largest ad network for social media sites, the Eggnetwork. Global performance and scalability is critical as many VideoEgg customers have large, international user bases and need to support thousands of user uploads and downloads each day.
"To successfully serve more than 10 million uniques per month and between 15 and 20 million video streams each day, we depend on Akamai's scalability to handle the significant amount of user-generated content that may be uploaded through our site at any given time," said Matt Sanchez, co-founder and CEO of VideoEgg, Inc. "Akamai provides us with top-of-the-line solutions to download and view content so that we don’t have to provision hardware to handle large content footprints or unexpected traffic spikes. Akamai's platform handles our needs flawlessly."
Akamai's Media Delivery solution offers a dynamic upload service to provide VideoEgg the entire infrastructure for handling user uploads. Upload performance is just as critical as download performance, and to ensure the success of VideoEgg's model, Akamai helps ensure performance in both directions.
"We want to congratulate VideoEgg on reaching this three millionth upload milestone. Video sharing and user-generated content sites are faced with unique technology challenges around managing and predicting growth," said Brad Rinklin, Vice President of Marketing, Akamai Technologies. "Akamai has worked closely with VideoEgg since its launch in July 2005, providing a platform to allow for rapid company growth, and supporting their end-users with large digital asset upload capabilities."
Since the early days of the user-generated Web, Akamai has been working on the unique challenges social networking presents, watching the industry evolve, and preparing its platform for the significant impact that social networking now has on individuals to communicate on the Web. For more information on Akamai's social networking capabilities, download a free whitepaper, "Successful Social Networking and User-Generated Content Applications" at www.akamai.com/html/forms/socialnetworking_amd.html.
VideoEgg is the leading video solution for online communities, supported by the largest video ad network – The Eggnetwork. The network is currently comprised of more than 60 online communities including five of the top 20 social networks in the world such as AOL, Bebo, hi5, myYearbook.com and Tagged. The Eggnetwork provides Web publishers with a means of monetizing content while offering advertisers reach into a coveted audience. Through a unique advertising model, ads are targeted, interactive and unobtrusive for viewers. VideoEgg was founded in 2005 by Yale classmates David Lerman, Matt Sanchez and Kevin Sladek. Based in San-Francisco, the company is funded by August Capital, First Round Capital and Maveron. For more information, visit www.videoegg.com or www.theeggnetwork.com.
Akamai® is the leading global service provider for accelerating content and business processes online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow. Akamai is "The Trusted Choice for Online Business." For more information, visit www.akamai.com.