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Cedexis

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Portland, United StatesFounded 2009Other B2B Software
Valuation $50–100M Last recorded · 2016
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Cedexis and the history behind them.

About Cedexis

Founded in 2009 by Ryan Windham and Marty Kagan, Cedexis established itself as a significant player in the web traffic optimization sector. The company's inception stemmed from the founders' direct experience with the challenges of managing large-scale web application performance, a background that deeply informed the company's product strategy. Windham's prior roles in product management and Kagan's extensive engineering background provided a solid foundation for developing a solution aimed at enhancing internet performance for end-users globally.

Cedexis developed a cloud-based platform for web traffic optimization, providing enterprises with visibility and control over their global web and cloud deployments. The core of its offering was a Global Server Load Balancing (GSLB) solution that uniquely integrated real-time, client-side performance data to inform traffic routing decisions. This system collected billions of real-user measurements daily from a vast global community, allowing it to dynamically route traffic to the best-performing data center, cloud provider, or content delivery network (CDN) at any given moment. This data-driven approach allowed clients to optimize for performance, availability, or cost, depending on their specific business objectives.

The business catered to large enterprises, particularly in the media, e-commerce, and software-as-a-service (SaaS) industries, which depend on fast and reliable content delivery for their revenue and customer satisfaction. The business model was based on providing its suite of traffic management tools as a subscription service. Its products enabled sophisticated strategies such as CDN federation, where traffic could be distributed across multiple CDN vendors to prevent vendor lock-in and leverage the strengths of each provider. Other applications included cloud bursting for managing traffic spikes and ensuring application acceleration across hybrid environments.

A significant milestone in the company's history was its acquisition by Citrix in February 2018. The integration of Cedexis's technology aimed to enhance the Citrix ADC (formerly NetScaler) platform by adding intelligent, real-time traffic steering capabilities. This acquisition represented a strategic move for Citrix to strengthen its position in the application delivery and security market, acknowledging the value of Cedexis's real-user monitoring and predictive analytics in optimizing the end-user experience.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2009
Headquarters
Portland, United States
Employees
12
Open positions
None listed
Dealroom signal
78.9/100
Industry
Telecom
Sector
Other B2B Software, Analytics, Cloud Computing, Entertainment, Content Management, Predictive Analytics, Streaming, Web Design, Hard Tech, DT and LS
Technology
Big Data, Deep Tech
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2018 $0 — Undisclosed —
SERIES B✓Equity / VC Jan 2016 $22M $88M Citrix · Advanced Technology Ventures · Madrona Venture Group · Foxconn Technology Group —
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Growth signals

Cedexis website traffic

Latest recorded traffic for Cedexis is 9.4K monthly website visits, down 53% over the last three months. Cedexis's team grew 9.1% over the past year.

Latest monthly visits9.4K 3-month web change-53% 1-year team growth+9.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • Advanced Technology Ventures
  • Madrona Venture Group
  • Ginko Ventures
  • Citrix
  • Foxconn Technology Group
  • NGP Capital

Other known investors1 additional known investor

  • IMT Starter
Team profiled 43 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cedexis on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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