Company snapshot
| Category | System73 | Verizon Media (VMDS) |
|---|---|---|
| Status | active | defunct |
| Founded | — | — |
| Headquarters | — | — |
| Website | — | — |
| Docs | — | — |
Overview
System73, founded in 2013 and headquartered in Santa Cruz, United States, with a registered entity in Malta, provides a MultiCDN platform focused on optimizing video streaming. Its Edge Intelligence solution uses AI to monitor and route traffic across multiple CDNs, improving Quality of Experience (QoE) and reducing costs. The platform serves content providers, particularly in live and VoD streaming, with a focus on scalability and cost efficiency. System73 has delivered high-profile events like the UEFA Champions League Final, achieving significant cost savings. Customers include OTT providers and broadcasters seeking reliable, high-quality streaming in regions with limited infrastructure.
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
System73 operates as a MultiCDN, leveraging a global network of partner CDNs without specifying its own Points of Presence (POPs). Its Edge Intelligence platform uses AI to monitor network conditions and select optimal routes, bypassing congestion. It excels in regions like Latin America, particularly Peru, where traditional CDN infrastructure is sparse. The platform employs peer-to-peer (P2P) technology to create centrally orchestrated content delivery trees, reducing reliance on physical CDN infrastructure. This approach supports scalability for high-traffic events but may face limitations in areas with low P2P adoption or restrictive network policies.
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Feature comparison
| Feature | System73 | 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
System73 offers a pay-as-you-go (PAYG) model, with reported costs as low as $2 per TB for scalable delivery, as seen in the UEFA Champions League Final case study. Pricing details are not fully public; interested parties must contact System73 directly for quotes. The platform emphasizes cost savings, claiming up to 65% reduction in delivery costs compared to traditional CDNs. No free tier or trial is explicitly mentioned. For detailed pricing, visit https://www.system73.com.
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Integrations & DevEx
System73 provides an SDK for integration, supporting WebRTC DataChannel with fallback to CDN-only delivery for unsupported browsers. The API-first approach enables programmatic control of content delivery. Edge Analytics offers real-time dashboards for monitoring network and viewer data. No public support for Terraform, CI/CD pipelines, or migration tools is documented. The platform’s focus is on seamless integration for OTT and broadcasting services, with quick onboarding demonstrated in customer case studies.
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When it fits
When it fits
- Ideal for OTT providers and broadcasters needing scalable, high-QoE video streaming, especially for live events like sports.
- Suits customers in regions with limited CDN infrastructure, such as Latin America, due to P2P-enhanced delivery.
- Fits businesses seeking cost-efficient MultiCDN solutions with real-time analytics and API-driven control.
When it doesn’t
- Less suitable for applications requiring WAF, DDoS protection, or image optimization, as these are not documented features.
- May not fit small-scale projects or those needing a free tier, as pricing requires direct contact and no trial is mentioned.
- Not ideal for use cases needing edge compute or advanced caching features like tiered cache or instant purge, which lack public support.
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When it doesn’t
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History & Notes
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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.