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Edgio

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uuid00044rq

Namestring
Edgio
Legal namestring
Edgio, Inc.
Websiteurl
edg.io
Company typeenum
Private
Founded yearint
2022
Descriptiontext

Edgio was a content delivery network (CDN) and edge computing platform provider formed in March 2022 through the merger of Limelight Networks and Yahoo's Edgecast in an all-stock transaction valued at approximately $300 million. The company served enterprise customers, primarily major technology and media companies, offering three integrated product lines: Content Delivery Network services for global distribution of web content, video streaming, and digital assets; Applications for edge computing and dynamic content processing; and Security services including DDoS protection and Web Application Firewall capabilities. The platform was architected as a CDN foundation with Applications and Security layered as add-on modules. Edgio also operated Uplynk, a video streaming platform acquired in prior years.

The company operated a B2B enterprise go-to-market through direct field sales targeting large technology and media accounts, generating revenue primarily through subscription/recurring contracts. Revenue streams spanned Content Delivery Services, Security Services, and Applications Services, all with recurring subscription models. Headcount stood at 501-1,000 employees. The company pursued inorganic expansion through acquisitions including Layer0 (2021), Edgecast (2022), and earlier add-ons such as AcceloWeb, Clickability, Delve Networks, and Kiptronic.

In November 2023, Edgio raised $66 million in financing led by Lynrock Lake LP. Despite these efforts, the business was unable to achieve sustained profitability, and in January 2025 filed for Chapter 11 bankruptcy protection. Akamai Technologies subsequently acquired select Edgio assets, including customer contracts from the content delivery, applications, and security businesses and patent license rights, while Uplynk was excluded from the transaction and continues to operate independently.

Short descriptiontext

Edgio was an enterprise CDN and edge computing platform formed by the merger of Limelight Networks and Yahoo's Edgecast in 2022. It served major technology and media companies with content delivery, application delivery, and security services before filing for Chapter 11 bankruptcy in January 2025.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersTempe, United States
HQ citystring
Tempe
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
content delivery network, edge computing platform, web application security, video streaming platform, DDoS protection services
Industry2 codes
1Video Streaming & OTT Delivery (Live/VOD, Low-Latency)
CodeHDABAGACPrimaryYes
2Multi-CDN, Traffic Steering & Edge Optimization
CodeMPAHAJALPrimaryNo
NAICS code2 codes
  • Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers5162
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services5182
SIC code2 codes
  • Communications Services, Nec4899
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Content Delivery Network
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Content Delivery Services
TypeSubscription Recurring
Description

CDN services for delivering web content, video streaming, and media assets to end users globally

prnewswire.com
2Security Services
TypeSubscription Recurring
Description

Security offerings as part of the content delivery, applications, and security businesses

prnewswire.com
3Applications Services
TypeSubscription Recurring
Description

Application delivery and edge computing services for enterprise customers

prnewswire.com
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Infrastructure, Technology or R&D, Personnel, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Edgio provides a global content delivery network (CDN), an edge computing platform (Applications), integrated web application and DDoS security, and an adaptive bitrate video streaming and encoding service (Uplynk) for enterprises distributing digital content, streaming media, and web applications at scale with low latency.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Edgio was a unified edge platform and Content Delivery Network (CDN) provider offering three integrated core products: Content Delivery Network (CDN) for global content distribution, Applications for edge computing and application delivery, and Security services including DDoS protection and WAF. The company also acquired Uplynk for video streaming capabilities. Edgio operated as a platform-plus-modules architecture where the CDN formed the foundation, with Applications and Security built on top as add-on modules. All operations ceased following Chapter 11 bankruptcy filing in January 2025, with Akamai acquiring select assets including customer contracts from the content delivery, applications, and security businesses, while Uplynk remained independent.

Product and service4 records
1Content Delivery Network (CDN)
CategoryContent Delivery Network
Description

Global CDN that caches and delivers web content, media files, and API responses from 300+ points of presence, reducing latency and offloading origin infrastructure for enterprise digital properties.

2Applications (Edge Compute)
CategoryEdge Computing Platform
Description

Serverless edge computing platform that lets developers deploy JavaScript/TypeScript code at the edge to personalize, transform, and route HTTP requests without round-trips to origin.

3Security
CategoryWeb Application Security
Description

Web Application Firewall, DDoS mitigation, and bot management delivered at the edge to protect customer web applications and APIs from application-layer and volumetric attacks.

4Uplynk
CategoryVideo Streaming Platform
Description

Cloud-based video streaming, encoding, packaging, and DRM service that delivers adaptive bitrate live and on-demand video to any device at broadcast scale.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2024-12-01
Description

Akamai acquired select assets from Edgio including customer contracts from content delivery, applications, and security businesses. This acquisition was part of Edgio's Chapter 11 bankruptcy filing, with Edgio directing customers to Akamai for continued service. Patent license rights were also included in the transaction.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Cloudflare operates a global CDN, edge compute (Workers), and security platform serving enterprises and developers. It competes directly with Edgio across content delivery, application delivery, and security use cases for technology and media customers.

TypeDirect peer
Description

StackPath offers an edge cloud platform with CDN, edge compute, and security services targeted at mid-market and enterprise customers. It is directly comparable to Edgio in positioning and product scope, though at a smaller scale.

TypeBroad incumbent
Description

Amazon CloudFront is AWS's global CDN integrated with the broader AWS cloud platform. It competes with Edgio as part of a much wider infrastructure portfolio, often bundled with S3, Lambda@Edge, and Shield/WAF security services.

TypeBroad incumbent
Description

Google Cloud CDN delivers content as part of Google's broader cloud platform, integrated with Load Balancing, Media CDN, and Cloud Armor security. It competes with Edgio for global content delivery customers, particularly media and gaming workloads.

TypeDirect peer
Description

CDNetworks is a global CDN and edge services provider with strong presence in Asia-Pacific. It competes directly with Edgio in live streaming, VOD delivery, and edge security for media and enterprise customers.

TypeEmerging player
Description

Imperva specializes in web application and API security, including DDoS protection and WAF delivered from the edge. It overlaps with Edgio's security product line and increasingly with CDN-adjacent capabilities through Thales CDAT integration.

TypeDirect peer
Description

Fastly provides a programmable edge cloud platform built around its CDN, compute@edge, and security offerings. It targets similar enterprise media and technology customers with comparable content delivery and edge compute capabilities.

TypeDirect peer
Description

Akamai is the global tier-1 CDN and edge security leader and was the acquirer of Edgio's customer contracts and patent rights during Edgio's bankruptcy. It is directly comparable in CDN, edge compute, and web security offerings for enterprise media and technology customers.

TypeDirect peer
Description

Verizon Digital Media Services (formerly Edgecast) is a CDN and edge delivery provider serving enterprise media customers. It is the historical parent of the Edgecast business that Edgio acquired, and competes directly in CDN and streaming delivery.

TypeBroad incumbent
Description

Microsoft Azure offers CDN and Front Door edge delivery services as part of its broader enterprise cloud platform. It competes with Edgio for enterprise media and technology workloads but as one component of a large hyperscale cloud portfolio.

Market position
Strengths2 records

Each record includes

Headline, Details, Source

Weaknesses3 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Edgio

Content Delivery Networkedg.io

Edgio was an enterprise CDN and edge computing platform formed by the merger of Limelight Networks and Yahoo's Edgecast in 2022. It served major technology and media companies with content delivery, application delivery, and security services before filing for Chapter 11 bankruptcy in January 2025.

What Edgio does

Edgio was a content delivery network (CDN) and edge computing platform provider formed in March 2022 through the merger of Limelight Networks and Yahoo's Edgecast in an all-stock transaction valued at approximately $300 million. The company served enterprise customers, primarily major technology and media companies, offering three integrated product lines: Content Delivery Network services for global distribution of web content, video streaming, and digital assets; Applications for edge computing and dynamic content processing; and Security services including DDoS protection and Web Application Firewall capabilities. The platform was architected as a CDN foundation with Applications and Security layered as add-on modules. Edgio also operated Uplynk, a video streaming platform acquired in prior years.

The company operated a B2B enterprise go-to-market through direct field sales targeting large technology and media accounts, generating revenue primarily through subscription/recurring contracts. Revenue streams spanned Content Delivery Services, Security Services, and Applications Services, all with recurring subscription models. Headcount stood at 501-1,000 employees. The company pursued inorganic expansion through acquisitions including Layer0 (2021), Edgecast (2022), and earlier add-ons such as AcceloWeb, Clickability, Delve Networks, and Kiptronic.

In November 2023, Edgio raised $66 million in financing led by Lynrock Lake LP. Despite these efforts, the business was unable to achieve sustained profitability, and in January 2025 filed for Chapter 11 bankruptcy protection. Akamai Technologies subsequently acquired select Edgio assets, including customer contracts from the content delivery, applications, and security businesses and patent license rights, while Uplynk was excluded from the transaction and continues to operate independently.

Edgio firmographics

Firmographics
Name
Edgio
Legal name
Edgio, Inc.
Website
https://edg.io
Company type
Private
Founded year
2022
Operating status
Closed
Headcount range
501–1,000 employees
Short description
Edgio was an enterprise CDN and edge computing platform formed by the merger of Limelight Networks and Yahoo's Edgecast in 2022. It served major technology and media companies with content delivery, application delivery, and security services before filing for Chapter 11 bankruptcy in January 2025.
Ownership category
akta.pro rank

Edgio industry classification

Industry
Product category
Content Delivery Network
NAICS
Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
SIC
Communications Services, Nec (4899), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
Video Streaming & OTT Delivery (Live/VOD, Low-Latency) (HDABAGAC)
akta.pro secondary industry
Multi-CDN, Traffic Steering & Edge Optimization (MPAHAJAL)

Keywords

  • Content delivery network
  • Edge computing platform
  • Web application security
  • Video streaming platform
  • DDoS protection services

Where Edgio is headquartered

Location

Headquarters

HQ city
Tempe
HQ country
United States
HQ region
North America

Markets served

Edgio business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Infrastructure, Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

  1. Content Delivery Services: CDN services for delivering web content, video streaming, and media assets to end users globally
  2. Security Services: Security offerings as part of the content delivery, applications, and security businesses
  3. Applications Services: Application delivery and edge computing services for enterprise customers

Go-to-market motion1 record

Distribution channels1 record

Edgio product offering

Product offering

Core offering

Edgio provides a global content delivery network (CDN), an edge computing platform (Applications), integrated web application and DDoS security, and an adaptive bitrate video streaming and encoding service (Uplynk) for enterprises distributing digital content, streaming media, and web applications at scale with low latency.

Product overview

Edgio was a unified edge platform and Content Delivery Network (CDN) provider offering three integrated core products: Content Delivery Network (CDN) for global content distribution, Applications for edge computing and application delivery, and Security services including DDoS protection and WAF. The company also acquired Uplynk for video streaming capabilities. Edgio operated as a platform-plus-modules architecture where the CDN formed the foundation, with Applications and Security built on top as add-on modules. All operations ceased following Chapter 11 bankruptcy filing in January 2025, with Akamai acquiring select assets including customer contracts from the content delivery, applications, and security businesses, while Uplynk remained independent.

Differentiator

Problem solved

Functional benefit

Products and services

  • Content Delivery Network (CDN) Global CDN that caches and delivers web content, media files, and API responses from 300+ points of presence, reducing latency and offloading origin infrastructure for enterprise digital properties.
  • Applications (Edge Compute) Serverless edge computing platform that lets developers deploy JavaScript/TypeScript code at the edge to personalize, transform, and route HTTP requests without round-trips to origin.
  • Security Web Application Firewall, DDoS mitigation, and bot management delivered at the edge to protect customer web applications and APIs from application-layer and volumetric attacks.
  • Uplynk Cloud-based video streaming, encoding, packaging, and DRM service that delivers adaptive bitrate live and on-demand video to any device at broadcast scale.

Companies that use Edgio

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Edgio technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Edgio partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Akamai TechnologiesmajorStrategic or Co-development Partner · 1 December 2024Akamai acquired select assets from Edgio including customer contracts from content delivery, applications, and security businesses. This acquisition was part of Edgio's Chapter 11 bankruptcy filing, with Edgio directing customers to Akamai for continued service. Patent license rights were also included in the transaction.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Edgio competitors and assessment

Company assessment

Direct peers

  • Cloudflare: Cloudflare operates a global CDN, edge compute (Workers), and security platform serving enterprises and developers. It competes directly with Edgio across content delivery, application delivery, and security use cases for technology and media customers.
  • StackPath: StackPath offers an edge cloud platform with CDN, edge compute, and security services targeted at mid-market and enterprise customers. It is directly comparable to Edgio in positioning and product scope, though at a smaller scale.
  • CDNetworks: CDNetworks is a global CDN and edge services provider with strong presence in Asia-Pacific. It competes directly with Edgio in live streaming, VOD delivery, and edge security for media and enterprise customers.
  • Fastly: Fastly provides a programmable edge cloud platform built around its CDN, compute@edge, and security offerings. It targets similar enterprise media and technology customers with comparable content delivery and edge compute capabilities.
  • Akamai Technologies: Akamai is the global tier-1 CDN and edge security leader and was the acquirer of Edgio's customer contracts and patent rights during Edgio's bankruptcy. It is directly comparable in CDN, edge compute, and web security offerings for enterprise media and technology customers.
  • Verizon Digital Media Services (Edgecast): Verizon Digital Media Services (formerly Edgecast) is a CDN and edge delivery provider serving enterprise media customers. It is the historical parent of the Edgecast business that Edgio acquired, and competes directly in CDN and streaming delivery.

Broad incumbents

  • Amazon CloudFront (AWS): Amazon CloudFront is AWS's global CDN integrated with the broader AWS cloud platform. It competes with Edgio as part of a much wider infrastructure portfolio, often bundled with S3, Lambda@Edge, and Shield/WAF security services.
  • Google Cloud CDN: Google Cloud CDN delivers content as part of Google's broader cloud platform, integrated with Load Balancing, Media CDN, and Cloud Armor security. It competes with Edgio for global content delivery customers, particularly media and gaming workloads.
  • Microsoft Azure Front Door / CDN: Microsoft Azure offers CDN and Front Door edge delivery services as part of its broader enterprise cloud platform. It competes with Edgio for enterprise media and technology workloads but as one component of a large hyperscale cloud portfolio.

Emerging players

  • Imperva: Imperva specializes in web application and API security, including DDoS protection and WAF delivered from the edge. It overlaps with Edgio's security product line and increasingly with CDN-adjacent capabilities through Thales CDAT integration.

Market position

Strengths2 records

Weaknesses3 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Edgio social profiles

Digital presence

Edgio financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Edgio leadership team

Management profile

Number of profiles

Profiles5 records

Edgio funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Edgio M&A and investment

M&A and investment

M&A6 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Edgio

What does Edgio do?

Edgio provides a global content delivery network (CDN), an edge computing platform (Applications), integrated web application and DDoS security, and an adaptive bitrate video streaming and encoding service (Uplynk) for enterprises distributing digital content, streaming media, and web applications at scale with low latency.

Is Edgio a public or private company?

Edgio is a private company. It is classified as public and is currently closed.

When was Edgio founded?

Edgio was founded in 2022. It employs 501 to 1,000 people.

Where is Edgio based?

Edgio is headquartered in Tempe, United States, in the North America region.

How does Edgio make money?

Three revenue lines are on record. Content Delivery Services are the primary driver. The others are security Services and applications Services.

Who are Edgio's main competitors?

Direct peers on record are Cloudflare, StackPath, CDNetworks, Fastly, Akamai Technologies and Verizon Digital Media Services (Edgecast). Broad incumbents are Amazon CloudFront (AWS), Google Cloud CDN and Microsoft Azure Front Door / CDN. Imperva is listed as an emerging player.

Does Edgio have an API?

No public API is recorded for Edgio.

What industry is Edgio in?

Edgio's product category is Content Delivery Network. Its primary akta.pro industry code is HDABAGAC, Video Streaming & OTT Delivery (Live/VOD, Low-Latency), with a secondary code of MPAHAJAL, Multi-CDN, Traffic Steering & Edge Optimization. Its NAICS code is 5162 and its SIC code is 4899.

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Live signals
PR NewswireScott+Scott Attorneys at Law LLP and The Schall Law Firm Announce a Notice of Pendency of Class Action Settlement for the Edgio, Inc. Securities LitigationLead Plaintiff David Frouws has reached a proposed $15,000,000 settlement in the Edgio, Inc. Securities Litigation class action, pending approval by the U.S. District Court for the District of Arizona. The lawsuit alleges that defendants Robert Lyons, Daniel Boncel, and Stephen Cumming made materially false and misleading statements regarding the company's financial condition during the class period of February 12, 2021 to March 10, 2023, in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Class members who purchased or acquired common stock of Limelight Networks, Inc. and/or Edgio, Inc. during the class period must submit proof of claim by September 28, 2026 to receive a settlement payment.MorningstarScott+Scott Attorneys at Law LLP and The Schall Law Firm Announce a Notice of Pendency of Class Action Settlement for the Edgio, Inc. Securities LitigationA proposed $15 million settlement for the Edgio, Inc. securities class action is pending, with a hearing set for September 14, 2026. Class members must submit proof of claim by September 28, 2026, and may exclude themselves by August 28, 2026.openPR.comAnalysis of Key Market Segments Driving the Quic-Enabled Content Delivery Network Edge MarketThe QUIC-enabled content delivery network edge market is projected to grow to $11.97 billion by 2030, with a compound annual growth rate of 33.3%, driven by immersive media streaming, edge computing expansion, and demand for ultra-low latency applications. In December 2024, US-based Akamai Technologies acquired selected assets from Edgio, including customer contracts and patent license rights, to transition Edgio's clientele onto Akamai's global platform and expand access to its QUIC-enabled content delivery services. The market analysis also notes that Singapore-based CDNetworks launched full-platform support for QUIC and HTTP/3 protocols in March 2023 to enhance low-latency content delivery.MEXC ExchangeContent Delivery Network (CDN) Market to Reach USD 40,161 Million by 2032 Amid Surge in OTT, Cloud, and Edge Computing Adoption – Credence ResearchA Credence Research report projects the global Content Delivery Network market will grow from USD 12,250 million in 2024 to USD 40,161 million by 2032, representing a 16% CAGR, driven by rising demand for OTT streaming, cloud services, and edge computing. North America leads with approximately 35% market share, while Asia-Pacific represents the fastest-growing region at roughly 20%. Key industry developments include Edgio's Chapter 11 bankruptcy and shutdown in January 2025, Cloudflare's acquisition of Outerbase in April 2025, and Fastly's launch of Client-Side Protection in May 2025.LinkedInEdgePrizm CDN launched with Limelight assetsEdgePrizm launched a new content delivery network on May 1st, utilizing assets acquired from Limelight Networks and Edgio for approximately $1.5 million. The platform is specifically designed for application performance, gaming, and transactional workloads rather than video streaming. The privately funded company, led by former Limelight employees, has established traffic in North America and Europe with expansion plans for Asia and South America.FinancialContent Business PageEdgio Releases Security Platform Controls Aimed at Thwarting Automated ThreatsEdgio announced new security features for its API platform, including JSON Web Token (JWT) authentication and enhanced rate limiting. The JWT validation helps mitigate broken authentication, while rate-limiting improvements target DDoS and credential stuffing attacks. The platform also offers response-based rate limiting to counter cache-busting and error-generation attacks.CacheflyThe Shifting Sands of the CDN Industry: A Reflection on Recent ChangesThe article analyzes recent structural changes in the CDN industry, highlighting StackPath's closure, Lumen's divestment of its CDN business, and Edgio's Chapter 11 bankruptcy as examples of unsustainable business models being eliminated. It argues that these corporate failures contrast with the sector's overall robust health, driven by increasing global data demand from streaming, gaming, and AI workloads. The report forecasts continued industry growth and innovation in 2025 as market consolidation creates opportunities for specialized providers to capture share.BenzingaEdgio (EGIO) Stock Is Down 34% Today: What's Going On?Edgio Inc filed for voluntary Chapter 11 bankruptcy in Delaware on Monday, prompting its stock to crash an additional 34% to $0.80 on Tuesday following Monday's 80% decline. The company entered into a $110 million credit bid with Lynrock Lake Master Fund LP to serve as the cornerstone for a sale process expected to close within 80 days. To maintain operations during the proceedings, Edgio secured $15.6 million in debtor-in-possession financing while assuring customers that web security and video streaming services would continue uninterrupted.BenzingaWhy Edgio (EGIO) Stock Is Down 80% TodayEdgio Inc (NASDAQ:EGIO) shares dropped 80% to $1.23 after the company voluntarily filed for Chapter 11 bankruptcy in Delaware to facilitate a sale of its business. The company entered into a $110 million credit bid with its primary lender Lynrock Lake Master Fund LP to anchor the sale process, expected to conclude within 80 days. Edgio has secured $15.6 million in debtor-in-possession financing to maintain operations and will continue delivering services including web security and video streaming under new ownership.GlobeNewswireThe Video Streaming Software Market: A $29.7 billion Industry Dominated by IBM, Brightcove Kaltura, Edgio, Vimeo | MarketsandMarkets™The video streaming software market is projected to grow from $13.3 billion in 2024 to $29.7 billion by 2029, a CAGR of 17.5%. The transcoding & encoding segment and media & entertainment vertical hold the largest shares, driven by OTT demand and mobile app delivery.