Portland’s Cedexis raises $22M for web performance analytics platform

Cedexis CEO Scott Grout.
Cedexis just raised a substantial investment round to continue helping companies deliver optimal end user experiences with websites, mobile apps and streaming video. The Portland-based startup today announced a $ 22 million Series B round led by Ginko Ventures, with participation from Foxconn, Nokia Growth Partners (NGP), Citrix Systems Ventures, and previous investors like Advanced Technology Ventures and Madrona Ventures. Total funding for the 7-year-old company is now $ 33 million. The fresh cash will be used to support nearly 1,000 global brands like Nissan, Airbus, and Shutterstock with their video, website, and app delivery. Cedexis provides cloud-based performance monitoring software that helps customers figure… Read More
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