As indicated in a previous post, there is much that could be gained from examining in more details how mobile networks could benefit from performing sophisticated content manipulation in the cloud, rather than in core network or in the device.
Yesterday, Citrix Systems and Juniper Networks agreed and invested in Cotendo, who has announced a $17M round of financing. AT&T is already a partner and the company focuses on the enterprise and media segments. Cotendo's massive network allows for global presence, while its technology is focusing on accelerating the mobile web experience.
Most of the company positioning is about web generally. Video seems to be missing for the moment.
It will be interesting to see how Cotendo evolves into the mobile realm, disrupting carrier and CDN strategies in the future.