WINTER PARK, FL—Highwinds Network Group Inc., a multi-platform IP services and content distribution provider, has closed a $55 million round led by General Catalyst Partners and Alta Communications. It will fund build-out of Highwinds Rolling Thunder network infrastructure.

The company’s unveiled its Rolling Thunder network today in conjunction with a partnership between Highwinds, Digital Rapids Corp., and Knack Networks to create advanced IPTV solutions for professional media companies globally.

“Having attracted top-tier investors, we can accelerate our ability to meet the rapidly growing demand for innovation in the market for IP services and delivery of rich media content,” said Steve Miller, Highwinds’ president and CEO.

“We are well-capitalized to bring an unparalleled infrastructure solution to market for service providers, corporations, content owners and other organizations implementing IP services, content delivery and other strategies to increase revenue and profitability, improve customer relations, enhance competitive position, expand market share and achieve other key business goals.”

“Highwinds has already proven its mettle — with a years-long track record of success marked by solid revenue growth and profitability,” said Neil Sequeira, a Partner at General Catalyst Partners.

Andrew Mulderry, General Partner at Alta Communications, added, “We have invested in a portfolio of best-in-class new media companies, and Highwinds fits superbly into that ecosystem as a supplier and partner to our other investments.”

Since 2002, Highwinds has developed content replication and delivery software and services. This led to a number of technology innovations in network management, distributed file system technology and advanced content routing methods.

The company’s high-performance RollingThunder network and StrikeTracker content management and reporting dashboard enable clients to deploy and manage content, file downloads and streaming media.

On the Web: www.highwinds.com

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