 |
This article needs additional citations for verification. Please help improve this articlebyadding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "Red Swoosh" – news · newspapers · books · scholar · JSTOR (January 2014) (Learn how and when to remove this message) |
| Industry | Peer-to-peer file sharing |
|---|---|
| Founded | 2001; 23 years ago (2001) |
| Founder |
|
| Defunct | April 12, 2007 (2007-04-12) |
| Fate | Acquired by Akamai Technologies |
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.
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]
On April 12, 2007, Akamai Technologies acquired Red Swoosh for $18.7 million in a stock-for-stock transaction.[1]
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]
 | This network-related software article is a stub. You can help Wikipedia by expanding it. |
