The privately held company said it has been growing its revenues by more than 10 percent per month this year, and more than 30 percent per month since its launch in August 2007. EdgeCast is venture backed by Steamboat Ventures and other investors. Los Angeles-based content delivery network firm EdgeCast Networks , announced today that the firm is now profitable. The firm said it became profitable in Q3, and has been EBITDA positive since Q2.

Burbank-based Steamboat Ventures , the venture capital arm of Disney, is one of the investors in Bay Area-based mobile games advertising firm Greystripe , which raised a $5.5M Greystripe said the funding round was led by Incubic Venture Capital, and also included Monitor Ventures, in addition to Steamboat Ventures. Steamboat was the lead on Greystripe's 2007 Series C funding today. Greystripe's services insert in-game ads into mobile games, and the firm also operates the GameJump.com mobile games portal site.

Burbank-based Steamboat Ventures , the venture capital arm of Disney, is one of the investors in Bay Area-based mobile games advertising firm Greystripe , which raised a $5.5M Greystripe said the funding round was led by Incubic Venture Capital, and also included Monitor Ventures, in addition to Steamboat Ventures. Steamboat was the lead on Greystripe's 2007 Series C funding today. Greystripe's services insert in-game ads into mobile games, and the firm also operates the GameJump.com mobile games portal site.