Edgio

Limelight Acquires Yahoo's Edgecast and Rebrands as Edgio.

Launch date

2001

Employees

1001-5000 people

Market cap

Enterprise valuation

$118m (Public information from Sep 2024)

Phoenix Arizona (HQ)

https://www.linkedin.com/company/edgio/

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023	2024	2025
Revenues	201m	230m	218m	339m	393m	397m	461m
% growth	3 %	15 %	(5 %)	56 %	16 %	1 %	16 %
EBITDA	4.8m	8.5m	(11.9m)	(117m)	(36.3m)	6.0m	32.0m
% EBITDA margin	2 %	4 %	(5 %)	(34 %)	(9 %)	2 %	7 %
Profit	(16.0m)	(19.3m)	(57.1m)	(137m)	(104m)	(46.0m)	(27.2m)
% profit margin	(8 %)	(8 %)	(26 %)	(40 %)	(26 %)	(12 %)	(6 %)
EV / revenue	2.4x	2.1x	2.3x	0.9x	0.1x	0.1x	0.1x
EV / EBITDA	98.1x	56.8x	-42.0x	-2.6x	-1.2x	7.5x	1.4x
R&D budget	22.5m	21.7m	22.0m	83.7m	-	-	-
R&D % of revenue	11 %	9 %	10 %	25 %	-	-	-

Date	Investors	Amount	Round
Jun 2007	N/A	$22.2m	IPO
Jul 2022*	N/A	$333m	Post IPO Equity
Nov 2023*	Lynrock Lake	$66.0m	Post IPO Equity
Sep 2024*	N/A	N/A	Bankruptcy
Total Funding		-

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