Application delivery platform Instart Logic today announced that it has raised a $45 million Series D round. The round was led by a new investor, the late-stage fund Geodesic Capital. Other participants in this round include existing investors Hermes Growth Partners, Andreessen Horowitz, Four Rivers Group, Kleiner Perkins Caufield & Byers, and Tenaya Capital. Telstra Ventures, the venture arm of the Australian telecom firm, also today announced a strategic investment in the company.
Instart Logic helps businesses speed up the delivery of their cloud-based applications through a wide variety of tools, including CDNs, caching implementations and image transcoding services. The company also offers a number of security tools. Instart Logic’s current customer list includes the likes of Atlantic Media, Evite, Shutterstock and the Washington Post.
