Red Swoosh

{{Short description|Peer-to-peer file sharing company}}

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{{Infobox company

| name = Red Swoosh

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| industry = Peer-to-peer file sharing

| fate = Acquired by Akamai Technologies

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| founded = {{Start date and age|2001}}

| founder = {{unbulletedlist|

| defunct = {{End date|2007|04|12}}

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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.

History

Red Swoosh was founded by Travis Kalanick and Michael Todd in 2001.{{citation needed|date=February 2024}}

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.{{cite news |last1=Arrington |first1=Michael |title=Payday for Red Swoosh: $15 million from Akamai |url=https://techcrunch.com/2007/04/12/payday-for-red-swoosh-15-million-from-akamai/ |access-date=24 February 2024 |work=TechCrunch |date=2007-04-12}}

=Acquisition=

On April 12, 2007, Akamai Technologies acquired Red Swoosh for $18.7 million in a stock-for-stock transaction.

Description

Red Swoosh used a BitTorrent-like technology to transfer files using peer-to-peer technology.

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|date=February 2024}}

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|date=February 2024}}

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|date=February 2024}}

See also

References