Fastly

Fastly

Edge cloud computing services provider

About Fastly

Simplify's Rating
Why Fastly is rated
B+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

IPO

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 and making applications faster. Their platform includes tools like the Edge Compute Language, which allows clients to run custom code at the network's edge, and API services for easy integration into applications. Fastly operates on a subscription model, charging clients based on their usage of services such as data processing and API requests. This approach, along with a focus on media companies, e-commerce platforms, and financial services, sets Fastly apart from competitors. The company's goal is to help businesses deliver content quickly and securely, positioning itself for growth in the expanding cloud computing market.

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Simplify's Take

What believers are saying

  • Increased demand for edge computing due to IoT devices boosts Fastly's market potential.
  • 5G network expansion enhances edge computing performance, benefiting Fastly's service offerings.
  • Growing focus on cybersecurity aligns with Fastly's security solutions, driving service demand.

What critics are saying

  • Securities class action lawsuits could lead to financial and reputational damage for Fastly.
  • Partnerships with open-source communities may expose Fastly to unpredictable challenges.
  • Increased competition in the edge cloud market may challenge Fastly's market position.

What makes Fastly unique

  • Fastly's edge cloud platform reduces latency by processing data closer to users.
  • The company offers robust API tools for seamless integration into client applications.
  • Fastly provides extensive community support and expert advice for optimizing services.

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Funding

Total Funding

$439M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

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

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
Stock Titan
Feb 19th, 2025
Fastly to Present at Upcoming Investor Conference

Fastly (NYSE: FSLY), a global edge cloud platform leader, has announced its upcoming participation in the Morgan Stanley Technology, Media & Telecom Conference.

PYMNTS
Dec 30th, 2024
Xerox Surges On Lexmark Deal But Can’T Budge Ce 100 Index

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

MarketBeat
Dec 10th, 2024
Jacobs Levy Equity Management Inc. Makes New $679,000 Investment in Fastly, Inc. (NYSE:FSLY)

Jacobs Levy Equity Management Inc. makes new $679,000 investment in Fastly, Inc. (NYSE:FSLY).

MarketBeat
Dec 10th, 2024
Zacks Investment Management Invests $914,000 in Fastly, Inc. (NYSE:FSLY)

Zacks Investment Management invests $914,000 in Fastly, Inc. (NYSE:FSLY).

Stock Titan
Nov 18th, 2024
Fastly Named a Leader in IDC MarketScape for Worldwide Edge Delivery Services 2024

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).

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