How Much Did Akamai Technologies Raise? Funding & Key Investors

Date
May 23, 2025

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Akamai Technologies has established itself as a key player in cloud computing, security, and content delivery network (CDN) services. The company offers a comprehensive suite of solutions designed to build, secure, and accelerate applications and digital experiences.

Keep reading to explore the intricacies of Akamai Technologies' fundraising journey and the investors backing this innovative platform.

What Is Akamai Technologies?

Akamai Technologies is a prominent provider of cloud computing, security, and content delivery network (CDN) services. The company focuses on building, securing, and accelerating applications and digital experiences for businesses worldwide.

Operating in the cloud computing, security, and CDN industries, Akamai serves a diverse range of sectors, including media, retail, financial services, healthcare, public sector, and gaming. Their global infrastructure ensures high performance, reliability, and security.

With a commitment to innovation and customer support, Akamai continues to be a leader in its field, offering robust solutions that integrate seamlessly into its cloud offerings.

How Much Funding Has Akamai Technologies Raised?

  1. Series A
    • Amount Raised: $8 million
    • Date: August 1998
    • Lead Investors: Battery Ventures, Polaris Partners
  2. Series B
    • Amount Raised: $20 million
    • Date: July 1999
    • Lead Investors: Battery Ventures, Polaris Partners
  3. Series C
    • Amount Raised: $35 million
    • Date: March 2000
    • Lead Investors: Battery Ventures, Polaris Partners

Akamai Technologies has raised a total of $63 million in funding.

Key Investors

  • Battery Ventures
    • Details: Battery Ventures is a global, technology-focused investment firm. They have been investing in cutting-edge, category-defining businesses for over 35 years.
    • Investment Focus Areas: Software, cloud infrastructure, industrial technology
    • Notable Investments: Nutanix, Coupa Software, Glassdoor
  • Polaris Partners
    • Details: Polaris Partners is a venture capital firm that invests in technology and healthcare companies. They have a long history of partnering with entrepreneurs to build market-leading businesses.
    • Investment Focus Areas: Healthcare, technology, consumer products
    • Notable Investments: LogMeIn, Ironwood Pharmaceuticals, Receptos
  • Sequoia Capital
    • Details: Sequoia Capital is one of the most renowned venture capital firms in Silicon Valley. They have a track record of backing companies that now control $1.4 trillion of combined stock market value.
    • Investment Focus Areas: Technology, healthcare, consumer services
    • Notable Investments: Apple, Google, WhatsApp
  • General Catalyst
    • Details: General Catalyst is a venture capital firm that invests in powerful, positive change that endures. They support founders with a long-term view of success.
    • Investment Focus Areas: Technology, healthcare, consumer services
    • Notable Investments: Airbnb, Stripe, Snap
  • Summit Partners
    • Details: Summit Partners is a global alternative investment firm that invests in growth equity, fixed income, and public equity opportunities. They have raised more than $21 billion in capital.
    • Investment Focus Areas: Technology, healthcare, financial services
    • Notable Investments: Avast, McAfee, Uber

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