Limelight Networks, a content delivery network, said Wednesday it raised $130 million in a second round of funding led by Goldman Sachs Capital Partners.

Limelight, which runs a network of thousands of servers and switches across the world, counts more than 600 customers, including Disney, Microsoft’s Xbox Live, DreamWorks, MySpace, YouTube, and Facebook.

The Tempe, Arizona-based company said last week its second-quarter revenue was $14 million, an approximately 35 percent increase from the first quarter of this year and 200 percent year-over-year. It has been profitable for nearly three years.

More than $100 million of the investment announced Wednesday came from Goldman Sachs Capital Partners, but other venture capital firms were involved, according to Mike Gordon, Limelight’s chief strategist. Their names were not disclosed.

Limelight, which has about 100 employees, has raised a total of $150 million, including a 2005 debt round from Silicon Valley Bank and Partners for Growth. It has offices in London, Singapore, and San Carlos, California.

“With a network designed from the start for bandwidth-intensive rich media applications, Limelight is uniquely positioned to help customers deliver new broadband media services,” Pete Perrone, a vice president at Goldman Sachs, said in a statement.

Web Barometer

Limelight plans to apply the new funding to growing its infrastructure. Some of that will go into new markets. The company will try to grow its Asian presence outside of Japan and Hong Kong by adding hardware in China, Korea, and India by the end of the year.

The firm sits in an interesting place, as it focuses on delivering content for online media companies. Limelight can literally watch the traffic go by.

“We get asked a lot, ‘Is this another bubble?’ and our view has been this is absolutely for real,” said Mr. Gordon, who has a vested interest in the continued success of digital media.

“Demand is driven by user behavior, and it’s all monetizable from our customers,” he added. “We’re not hearing from any of our customers, ‘Oh gosh, I can’t monetize this traffic.’”

Potential Troubles

Akamai, the largest content delivery network, sued Limelight last month for patent infringement. Limelight has not yet responded in court.

“The lawsuit has no merit,” said Mr. Gordon. “We do not infringe Akamai’s patents.”

Contact the writer: LGannes@RedHerring.com