Company History
Limelight Networks was founded in 2001 in Tempe, Arizona. In July 2006, the company closed a $130 million equity financing round led by Goldman Sachs Capital Partners. Limelight Networks later raised $240 million in an initial public offering, during June 2007,selling 16 million shares at $15. In April 2008, company founder Michael Gordon was recognized as a "Streaming Media All-Star" by StreamingMedia Magazine, for his contributions to the industry.
Unable to hire enough technical staff in the United States. Limelight opened an office in Lviv, Ukraine, a city whose "unexpected abundance of I.T. talent" is ... a legacy of the U.S.S.R."
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