What I am reading:
EdgeCast has secured $10 million in Series C funding from an investor group led by Menlo Ventures. The content delivery network has raised a total of $20 million since 2007, counting Steamboat Ventures, Mark Amin (Vice Chairman of CinemaNow) and Jon Feltheimer (CEO of Lionsgate) as investors. EdgeCast, which has been profitable since 2009, says the funding was necessary due to a surge in consumer demand and the need to scale up.We have an e-mail from a senior executive. 
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