 Despite the end of the dot-com bubble in 2000 and a large number of competitors (30-plus at that time), Speedera had patented technology, a significant cost advantage and a customer focused sales philosophy that enabled the company to survive the economic downturn and grow rapidly enough to eventually achieve a profitable annual revenue run rate of $60 million.In 2003 and 2004, both Deloitte & Touche and PricewaterhouseCoopers recognized Speedera as one of the top 10 fastest growing private companies in Silicon Valley and in North America.The company initially was created to cache static Web content through its vast network and direct users to the optimum server through intelligent traffic management and quickly transformed itself to deliver dynamic imaging, rich dynamic content and accelerated Web applications using the same platform.