Company snapshot
| Category | Peer5 | Verizon Media (VMDS) |
|---|---|---|
| Status | defunct | defunct |
| Founded | — | — |
| Headquarters | — | — |
| Website | — | — |
| Docs | — | — |
Overview
Peer5 operated a peer-to-peer (P2P) content delivery network (CDN) specializing in live video streaming, leveraging WebRTC for in-browser, clientless enterprise CDN (eCDN) solutions. Founded in 2012, the company was acquired by Microsoft in August 2021 to enhance video streaming capabilities in Microsoft Teams. Peer5’s technology optimized bandwidth usage through self-balancing mesh networks, serving large-scale enterprise events with up to 2 million concurrent users. As of 2025, Peer5’s standalone services are defunct, with its technology integrated into Microsoft’s eCDN for Teams.
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
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Feature comparison
| Feature | Peer5 | Verizon 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
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Integrations & DevEx
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When it fits
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When it doesn’t
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History & Notes
Peer5 was known for its innovative use of WebRTC to create a decentralized, browser-based P2P CDN, reducing server load and improving video delivery for large audiences. The company powered events for over 1 billion users before its acquisition. No official EOL announcement for standalone services was found, but Peer5’s website now redirects to Microsoft’s eCDN page, indicating full integration. Some third-party sources mention continued support for existing Peer5 customers post-acquisition, but this is unconfirmed as of 2025.
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.