Today is an exciting day—our partner Qwilt just announced a new round of funding from Cisco Investments.
A modern content delivery platform
Two years ago, Cisco and Qwilt set forth on a journey to jointly solve a growing pain point shared by all Communication Service Providers (CSP): delivering ever-increasing volumes of media and web content without overwhelming their networks. Using a modern, global content delivery platform with cache nodes inside the carrier network, we are now in a position to cost-effectively deliver an unprecedented level of quality at scale, in partnership with select carriers across the world. Our CAPEX-free model combined with a direct revenue share allows CSPs to maximize operational efficiency with very little business or financial risk while participating more actively in the content delivery value chain.
Following our early success and growing momentum with both CSPs and Content Providers (CP), we are now at an inflection point in our joint ambition. Today’s announcement of Cisco’s investment in Qwilt will help accelerate our joint go-to-market and the ongoing development of our content delivery solution based on Qwilt’s innovative Open Caching technology and Cisco’s Edge Compute infrastructure.
Creating opportunities for CSPs
This investment shows our commitment and trust in the potential of the partnership, and we are very excited about our future together. Content delivery, as the first carrier edge application, has already proven its inherent benefits; it is also a critical foundation to implementing a broader set of edge use cases that will positively impact businesses across many industry verticals – creating ample revenue-generating opportunities for CSPs. More importantly, Qwilt’s expertise in content delivery, together with Cisco’s edge computing knowledge and unrivaled expertise in service provider infrastructure, will help CSPs maximize these opportunities. These are indeed exciting times, and we look forward to serving and meeting the needs of our customers.
If you have any questions about the announcement or our edge cloud solution for service providers, please free feel to reach out to us by contacting your local Cisco account team.
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