Red Swoosh

From RetroWikipedia
Jump to navigation Jump to search
Red Swoosh
ISINScript error: The module returned a nil value. It is supposed to return an export table.
IndustryScript error: The module returned a nil value. It is supposed to return an export table.
PredecessorScript error: The module returned a nil value. It is supposed to return an export table.
IncorporatedScript error: The module returned a nil value. It is supposed to return an export table.
FoundedScript error: The module returned a nil value. It is supposed to return an export table.
FounderScript error: The module returned a nil value. It is supposed to return an export table.
DefunctScript error: The module returned a nil value. It is supposed to return an export table.
FateAcquired by Akamai Technologies
SuccessorScript error: The module returned a nil value. It is supposed to return an export table.
Headquarters
Script error: The module returned a nil value. It is supposed to return an export table.
,
Script error: The module returned a nil value. It is supposed to return an export table.
RevenueScript error: The module returned a nil value. It is supposed to return an export table.
Script error: The module returned a nil value. It is supposed to return an export table.
Script error: The module returned a nil value. It is supposed to return an export table.
Total assetsScript error: The module returned a nil value. It is supposed to return an export table.
Number of employees
Script error: The module returned a nil value. It is supposed to return an export table.
ParentScript error: The module returned a nil value. It is supposed to return an export table.
WebsiteScript error: The module returned a nil value. It is supposed to return an export table.

Red Swoosh was a peer-to-peer file sharing company founded by Travis Kalanick and Michael Todd in 2001. It was acquired by Akamai in 2007 for $19 million.

History

Red Swoosh was founded by Travis Kalanick and Michael Todd in 2001.[citation needed]

The company suffered as a result of the early 2000s recession and was recapitalized in 2005, raising an additional $1.7 million from Mark Cuban.[1]

Acquisition

On April 12, 2007, Akamai Technologies acquired Red Swoosh for $18.7 million in a stock-for-stock transaction.[1]

Description

Red Swoosh used a BitTorrent-like technology to transfer files using peer-to-peer technology.[1]

The Red Swoosh technology included a centralized directory that indexed online clients and caches. The software downloads and sideloads video multicasts from websites that support the Red Swoosh technology. The Red Swoosh peercasting tool is a browser extension that caches data, reflecting and sharing files delivered through the "Swoosh network" or Distributed Network.[citation needed]

Red Swoosh utilizes a proprietary, peer-to-peer (P2P) file distribution protocol designed for bandwidth efficiency in the transfer of large media files.[citation needed]

The company offers a software development kit (SDK) for third-party development. This includes support for predelivery, RSS feeds, web widgets, and JavaScript applications. There is also a forum and a wiki available for the developer community.[citation needed]

See also

References

  1. 1.0 1.1 1.2 Arrington, Michael (2007-04-12). "Payday for Red Swoosh: $15 million from Akamai". TechCrunch. Retrieved 24 February 2024.