Chelsea Management Provides Funding to NetDNA

Yesterday (on July 12, 2011), NetDNA, the leading Content Delivery Network solutions provider that offers services of MaxCDN and HDDN, announced that it had completed its latest rounding of funding, which was led by Los Angeles based Chelsea Management Inc., which is a billion plus dollar investment Corporation.

NetDNA mentioned that while the Company had already been posting solid profits, this new round of investment will allow the CDN provider to market its technologies more aggressively and also reach out and expand in to newer markets. At its end, Chelsea Management mentioned that with its strong performance, dynamic management and stable market position, NetDNA is well poised to grow in the fast progressing CDN market, and the new funding was aimed to enable the Company in meeting these aspirations.

NetDNA also suggested that this new funds will be used to hire additional technologically competent personnel and deploy more hardware and software solutions to help their customers around the globe.

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