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Strangeloop Networks
Strangeloop is now part of Radware! Follow us there: https://t.co/RcP7AhIBVo
About Strangeloop Networks
Strangeloop Networks, founded in 2006, specialized in web performance optimization before its acquisition by Radware in February 2013. The Vancouver-based company was established by twin brothers Jonathan and Joshua Bixby, along with Richard Campbell, Kent Alstad, and Lee Purvis. Jonathan Bixby, who served as CEO, and his brother Joshua, were serial entrepreneurs, having previously co-founded and sold IronPoint Technology. Their experience in web-based software services directly informed Strangeloop's focus on application acceleration.
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The firm's core business was providing front-end optimization (FEO) solutions designed to accelerate websites and web-based applications for both desktop and mobile users. Strangeloop catered to enterprises, particularly in e-commerce and Software-as-a-Service (SaaS), that relied heavily on customer-facing web applications. Its client roster included prominent names like Visa, Wine.com, Petco, and O'Reilly Media. The business model centered on selling its optimization solutions, which were available as a physical appliance, a virtual appliance, or a cloud-based service, to improve website speed and, consequently, customer conversion rates and revenue.
Strangeloop's flagship product was the Strangeloop Site Optimizer, an automated tool that addressed front-end performance issues by simplifying and streamlining web pages in real-time. The company also developed the Strangeloop Mobile Site Optimizer to tackle the specific challenges of delivering faster content to mobile devices. A key achievement was securing $11.5 million in a Series A funding round in 2007, a significant amount for a Canadian tech startup at the time, and eventually raising a total of $21.5 million. In 2013, Radware acquired Strangeloop for approximately $8.4 million plus potential earnouts, integrating its technology into Radware's product suite under the FastView brand.
At a glance
- Founded
- 2006
- Headquarters
- Vancouver, Canada
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