Panther Express
Offers a content delivery network that enables content loading performance to internet users
About Panther Express
Panther Express, founded in 2005 by Stephen Killeen and David H. Tadmor, operated in the content delivery network (CDN) market. The company was established to provide services that accelerated the delivery of web content for businesses, positioning itself as a competitor to larger players like Akamai and Limelight Networks. Its core business involved offering a global network of servers to cache and deliver digital content, thereby improving website performance and scalability for its clients. Panther Express targeted businesses with significant online presences, such as media, e-commerce, and entertainment companies, that required reliable and fast content distribution to a geographically dispersed user base. The business model was based on selling CDN services to these enterprises.
In a significant market consolidation move, Panther Express was acquired by CDNetworks in February 2009 for an undisclosed amount. This acquisition integrated Panther's network and customer base into CDNetworks' global infrastructure, enhancing the latter's presence, particularly in North America. The deal provided Panther's clients with access to a more extensive international network, especially in Asian markets where CDNetworks had a strong foothold. At the time of the acquisition, Panther Express was noted for serving over 250 customers, including prominent names like Facebook and Microsoft. Co-founder Stephen Killeen had a background in the web hosting and CDN industry prior to Panther Express, having been involved with Globix, which also operated in the internet infrastructure space.
The company's service portfolio was centered on optimizing the delivery of various types of digital assets, including static and dynamic website content, video streaming, and software downloads. By caching content closer to the end-users, the platform reduced latency and server load for its customers, leading to faster page load times and a better user experience. This was a critical service for companies whose revenue depended on high-performance web and media delivery. The acquisition by CDNetworks marked the conclusion of Panther Express's journey as an independent entity, with its technology and operations being absorbed into the larger acquiring company.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Feb 2009 | $0 | — | CDNetworks | — |
| SERIES B✓Equity / VC | Mar 2008 | $16M | $63M | Gold Hill Capital · Index Ventures · Greylock Partners | — |
Growth signals
Latest recorded traffic for Panther Express is 130 monthly website visits, up 44.4% over the last three months. Panther Express's team declined 3.8% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Greylock Partners
Index Ventures- GCGold Hill Capital
Other known investors1 additional known investor
CDNetworks
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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