Red Swoosh

Red Swoosh was a software company that built peer-to-peer, client-side technology for distributing large media files over the internet, using a single centralized tracker. Akamai described its technology as supporting controlled distribution of media files that respected publishers' rights restrictions.^{Source [5]Source [3]Source [4]}

Founded in 2001 by Travis Kalanick, who had worked on Scour, the company went through difficult years after the dot-com crash and was recapitalized in 2005 with $1.7 million from Mark Cuban. Its customers included Cuban's HDNet, IGN Entertainment, IFilm and Ubisoft.^{Source [3]Source [4]Source [1]}

Akamai Technologies acquired Red Swoosh on April 12, 2007 in an all-stock merger and integrated its team into Akamai's engineering group in California.^{Source [5]Source [6]}

Founded in 2001 by Travis Kalanick, who was its CEO from January 2001 to April 2007, and Michael Todd, Red Swoosh developed client-side software for distributing large media files. Akamai Technologies acquired Red Swoosh, Inc. on April 12, 2007 in an all-stock transaction of about 350,000 Akamai shares; Akamai valued it at about $15 million net of cash and later reported an aggregate purchase price of about $18 million.^{Source [1]Source [2]Source [5]Source [6]Source [4]}