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Kontiki (company)

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Kontiki is a peer-assisted content delivery company headquartered in the United States. Kontiki is characterized as peer-assisted because it uses a combination of central servers and peer-to-peer communications.

Contents

History

Kontiki was founded in November 2000. From then to its acquisition, Kontiki raised $46.5 million in investment. In March 2006, the company was acquired by VeriSign (now Symantec) for $62 million in a cash deal. Kontiki has always been focused on the enterprise business, but during the VeriSign years, it also had a consumer-focused division, which was responsible for technology integration with products such as the BBC iPlayer.

In May 2008, VeriSign, as part of a divestiture, sold Kontiki to MK Capital for $1 million and 3.98 million shares (an undetermined fraction of the spun-out company). According to that report, the rumored price was $40 million. Since breaking away from VeriSign, the company focused on their enterprise business.

Kontiki raised another $10.7 million in funding in 2010. The round was led by MK Capital and joined by New World Ventures and Cross Creek Capital, an affiliate of Wasatch Advisors.

Kontiki leadership

Kontiki brought on a new president and CEO, Dan Vetras, in May 2011. Vetras had been CEO of Visible Technologies.

References

Kontiki (company) Wikipedia