What is Fastly?
Fastly operates as a leading cloud computing services provider, offering a robust edge cloud platform that enables developers to build, deploy, and manage applications at the edge of the network. The company's services are designed to enhance the performance, security, and scalability of digital experiences for businesses worldwide. By leveraging its global network infrastructure, Fastly empowers organizations to deliver content and applications with low latency and high reliability, catering to the demands of modern, distributed applications and services.
How much funding has Fastly raised?
Fastly has raised a total of $396M across 7 funding rounds:
Series A
$1M
Series B
$10M
Series C
$40M
Series D
$75M
Series E
$50M
Series F
$40M
Stock Offering
$180M
Series A (2012): $1M with participation from Amplify Partners, Battery Ventures, and O'Reilly AlphaTech Ventures
Series B (2013): $10M led by August Capital
Series C (2014): $40M supported by IDG Capital, O'Reilly AlphaTech Ventures, Battery Ventures, August Capital, and Amplify Partners
Series D (2015): $75M featuring IDG Capital, Amplify Partners, Battery Ventures, O'Reilly AlphaTech Ventures, Iconiq Capital, and August Capital
Series E (2017): $50M backed by Sorenson Capital
Series F (2018): $40M with participation from Sozo Ventures, Swisscom Ventures, and Deutsche Telekom Capital Partners
Stock Issuance/Offering (2019): $180M led by Undisclosed
Key Investors in Fastly
Sozo Ventures
Sozo Ventures is an expansion-stage VC firm focused on connecting ambitious entrepreneurial teams with advanced customers globally, investing in category leaders across AI/IoT, enterprise cloud, and other emerging sectors.
Swisscom Ventures
Swisscom Ventures is the venture capital arm of Swisscom, a major Swiss telecommunications provider, likely focusing on investments that align with telecommunications and digital transformation trends.
Deutsche Telekom Capital Partners
DTCP Digital Transformation Capital Partners GmbH specializes in innovative investment strategies focused on driving digital transformation, particularly in digital infrastructure and growth-stage companies within Cybersecurity, SaaS, AI, and Robotics.
What's next for Fastly?
With the infusion of major enterprise-level funding and a recent strategic investment, Fastly is well-positioned for accelerated expansion and innovation. The company is likely to focus on enhancing its edge computing capabilities, expanding its service offerings, and strengthening its market presence. This capital injection will support research and development initiatives, potentially leading to new product launches and advancements in areas such as serverless computing, security solutions, and AI-driven edge services. The strategic backing suggests a focus on deepening partnerships and exploring new market opportunities to solidify its leadership in the rapidly evolving cloud infrastructure landscape.
See full Fastly company page
