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§ Private Profile · Portland, OR, USA
SaaS platform optimizing web performance by automating content routing for businesses in web hosting and content delivery.
Based in Portland, Oregon, Cedexis provides a software-as-a-service platform that optimizes web performance by automating the predictive routing of applications, video, and web content across various global data centers. The company targets enterprise customers operating in the web hosting and content delivery sectors, allowing them to improve the delivery speed and overall reliability of their online services through cost-optimal traffic management solutions. Operating under a subscription-based business model, the enterprise scaled its operations to a team of 12 employees while generating approximately $5.4 million in annual revenue. The organization successfully raised a total of $32.3 million in venture capital funding to support its infrastructure development before ultimately being acquired by the multinational cloud computing and virtualization technology company Citrix. Cedexis was originally founded in 2009 by technology entrepreneurs Marty Kagan and Julien Coulon.
Cedexis has raised $33.0M across 2 funding rounds.
Cedexis has raised $33.0M in total across 2 funding rounds.
Cedexis is a technology company that built a cloud-based platform for optimizing global web traffic and application delivery across data centers, CDNs, and clouds.[1][2][3] It served enterprises like Accor Hotels, Airbus, Cartier, Comcast, LinkedIn, Mozilla, Nissan, and Shutterstock, solving problems of latency, availability, and cost in hybrid infrastructures by using real-user measurements—14 billion daily—to enable data-driven routing and monitoring.[1][2] Key products included Radar for real-user monitoring via a JavaScript tag, providing unbiased visibility into global network performance, and Openmix for traffic management that improved video delivery, page loads, and multi-CDN balancing; the company later launched an Application Delivery Platform integrating community data, synthetic monitoring, and third-party feeds for custom optimization.[1] Cedexis demonstrated growth through adoption by nearly 1,000 brands and investment, culminating in its acquisition by Citrix in 2018.[2][5]
Founded in 2009, Cedexis emerged with the mission to "make a better Internet, for everyone and by everyone," starting with the Radar Community to crowdsource real-user measurements for a real-time Internet map.[1] Headquartered in Portland, Oregon, with offices in Paris, France, San Francisco, CA, Brooklyn, NY, and London, UK, it quickly gained traction among global brands needing reliable traffic optimization in a fragmenting cloud landscape.[1][2] Early pivotal moments included building the world's largest user experience monitoring community and expanding to products like Openmix, which addressed surging demands for video and global delivery; by 2016, it attracted investment from NGP Capital under the Edge & Data Infrastructure theme, leading to the 2018 Citrix acquisition that integrated its tech into broader enterprise solutions.[1][2]
Cedexis stood out in web performance optimization through these key strengths:
Cedexis rode the early 2010s explosion of cloud computing, CDNs, and IP video, where inconsistent global performance hindered enterprises expanding digitally.[1] Its timing was ideal amid rising hybrid infrastructures and multi-vendor clouds, providing neutral intelligence when providers lacked transparency—enabling cost savings, market reach, and reliability for high-stakes users like airlines and media firms.[1][2][4] Market forces like bandwidth growth and video streaming demands favored its real-user focus, influencing the ecosystem by popularizing crowd-sourced monitoring and paving the way for modern observability tools; post-2018 Citrix acquisition, its tech bolstered enterprise DaaS and edge strategies.[2][5]
Cedexis transformed web delivery but, as part of Citrix since 2018, its standalone identity has evolved into Citrix's broader productivity platforms, likely enhancing employee experience tools with legacy traffic optimization.[2][5] Trends like edge computing, AI-driven routing, and 5G/6G will shape its influence, amplifying demand for real-time, global visibility in distributed apps. Its legacy endures in empowering data-first infrastructure decisions, tying back to the core goal of a better, collective Internet—now scaled within a larger enterprise powerhouse.
Cedexis has raised $33.0M across 2 funding rounds. Most recently, it raised $22.0M Series B in January 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2016 | $22M Series B | — | Advanced Technology Ventures, Granite Ventures, Nokia Growth Partners, Promus Ventures | Announced |
| Aug 1, 2011 | $11M Series A | Advanced Technology Ventures, LEN Jordan | Nokia Growth Partners | Announced |
Cedexis has raised $33.0M in total across 2 funding rounds.
Cedexis's investors include Advanced Technology Ventures, Granite Ventures, Nokia Growth Partners, Promus Ventures, Len Jordan.