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About Fastly
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$251.9M
Headquarters
San Francisco, California
Founded
2011
Overview
Fastly provides edge cloud computing services that process data closer to where it is needed, reducing delays in data transmission. This makes applications faster and more efficient for clients such as media companies, e-commerce platforms, and financial services. Fastly's platform includes an Edge Compute Language for running custom code at the network edge, API services for easy integration, and extensive community support. Unlike many competitors, Fastly operates on a subscription-based model, charging clients based on their usage of services like data processing and API requests. The company's goal is to help businesses deliver content quickly and securely, positioning itself for growth in the expanding cloud computing market.
Simplify's Take
What believers are saying
- Fastly is recognized as a leader in the IDC MarketScape for Edge Delivery Services 2024.
- Increased demand for edge computing boosts Fastly's growth potential in the cloud market.
- Partnerships with open-source communities enhance Fastly's reputation and integration.
What critics are saying
- Securities class action lawsuits could lead to financial and reputational damage for Fastly.
- Dependency on open-source communities may expose Fastly to unpredictable challenges.
- Ongoing cyber threats could impact Fastly's service reliability and client trust.
What makes Fastly unique
- Fastly's edge cloud platform reduces latency by processing data closer to users.
- The company offers a unique Edge Compute Language for running custom code at the network edge.
- Fastly's robust API services enable seamless integration into clients' applications.
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Funding
Total Funding
$251.9M
Above
Industry Average
Funded Over
7 Rounds
Battery VenturesBenefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Mental Health Support
Family Planning Benefits
Unlimited Paid Time Off
Paid Sick Leave
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↑ 0%The CE 100 Index barely budged in a shortened trading week that left only two more days of stock market action for 2024. The index was down a scant 0.02%, and the year-to-date performance — where the index is up 24.8% — continues to trail most major indices, save the Dow Jones Industrial Average, as seen below. This time around, through the past week, six pillars were lower, and five eked out gains. Xerox was the most notable gainer among individual names, up 9%, leading the Work segment 0.1% higher
Zacks Investment Management invests $914,000 in Fastly, Inc. (NYSE:FSLY).
Jacobs Levy Equity Management Inc. makes new $679,000 investment in Fastly, Inc. (NYSE:FSLY).
SAN FRANCISCO-(BUSINESS WIRE)- Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced it has been named a Leader in the IDC MarketScape: Worldwide Edge Delivery Services 2024 Vendor Assessment (doc #S51812424, November 2024).
AlmaLinux, Inc. recently partnered with Fastly to add the speed boost to repo.almalinux.org (from which its community downloads ISO's and other things).
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About Fastly
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$251.9M
Headquarters
San Francisco, California
Founded
2011
Fastly is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today