Highwinds raises $55m

Highwinds Network Group, a multi-platform IP services and content distribution provider, has closed a $55 million round of equity financing led by General Catalyst Partners and Alta Communications. The financing will fund the infrastructure build-out of Highwinds' RollingThunder network, including a content delivery network offering.

Highwinds' RollingThunder network was unveiled in conjunction with an announcement of a partnership between Highwinds, Digital Rapids Corporation and Knack Networks to create advanced IPTV solutions for media companies.

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