Company snapshot

CategoryCedexisVerizon Media (VMDS)
Statusdefunctdefunct
Founded
Headquarters
Website
Docs

Overview

Cedexis was a MultiCDN platform specializing in real-time traffic steering and performance monitoring, optimizing web and cloud application delivery across multiple CDNs and data centers. Founded in 2009 by Julien Coulon and Marty Kagan, it was acquired by Citrix in 2018 and integrated into its Intelligent Traffic Management (ITM) product. The platform was used by enterprises, including media outlets like L’Equipe, Le Figaro, and Le Monde, to enhance global web performance. Cedexis is now defunct, with its ITM product reaching end-of-life (EOL) in October 2025.
Verizon Media (VMDS), originally Verizon Digital Media Services and formerly known as Edgecast, was a content delivery network (CDN) provider specializing in media and content delivery. Launched as a Verizon division, it served media companies and enterprises with scalable content distribution. In 2021, Verizon sold its media division, including VMDS, to Apollo Global Management, which rebranded it as Edgecast under Yahoo. In June 2022, Limelight Networks acquired Edgecast, forming Edgio. Edgio filed for Chapter 11 bankruptcy in September 2024, shutting down its CDN services on January 15, 2025. Select Edgecast assets were sold to Parler in February 2025 for $7.5 million.

Network & Architecture

Feature comparison

FeatureCedexisVerizon Media (VMDS)
waf
bot_mitigation
ddos
rate_limit
http3_quic
tls13
tiered_cache
origin_shield
instant_purge
stale_while_revalidate
stale_if_error
image_optimization
video_vod
video_live
drm
hls_dash_packaging
websockets
signed_urls
edge_compute
functions
kv_storage
api_first
realtime_logs
log_push
terraform

Legend: ✓ = Supported, ✗ = Not supported, — = Not listed

Pricing

Integrations & DevEx

When it fits

When it doesn’t

History & Notes

Cedexis was known for its Radar, Fusion, Sonar, and OpenMix tools, which provided real-time visibility and programmable traffic management across CDNs and clouds. Its acquisition by Citrix aimed to bolster hybrid and multi-cloud performance but faced challenges, including a notable DDoS attack in May 2017 impacting French media clients. The decision to sunset ITM reflects Citrix’s strategic shift, with no reported plans for a direct successor. NS1 Connect has emerged as a key alternative, leveraging similar DNS-based steering technology.
Verizon Media (VMDS) grew from Verizon’s 2013 acquisition of Edgecast, aiming to compete in media and ad tech. Despite $370 million in platform investment, it struggled against larger competitors. The 2021 sale to Apollo shifted its CDN to Edgecast, which merged with Limelight to form Edgio in 2022. Edgio’s bankruptcy in September 2024, due to accounting issues and debt, led to its CDN shutdown. Parler’s February 2025 acquisition of Edgecast assets supports its own platforms (Parler Social, PlayTV), with 120 former Edgio employees joining and a one-year IP license. The viability of Parler as a general CDN provider remains unclear.