# Fastly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fastly

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.fastly.com/
- Total disclosed funding: $220M
- Latest round: Series F (Jun 28, 2018)
- Investors on record: 11

## About

Fastly, Inc. is a US-based provider of advanced Edge Cloud Platform solutions, specializing in content delivery and real-time data processing to enhance speed, reliability, and security for businesses.Founded in 2011 in San Francisco, US, Fastly, Inc. is a technology company that offers an Edge Cloud Platform. The founders, Kelly Jandro and Simon Wistow, previously established other ventures. Fastly has raised a total of USD 286.35 mn through various funding rounds, with the most recent being a Private Placement/Follow on on May 16, 2019. This funding round included raising USD 286 mn, following an IPO in May 2019 that raised USD 180 mn by selling 16 million shares. Fastly has engaged in 10 deals in total.Fastly's Edge Cloud Platform serves as its primary offering, providing a robust content delivery network (CDN) that facilitates caching of dynamic content and API responses at the edge of the network. This design minimizes latency and optimizes user experience across various sectors, including e-commerce, media streaming, travel, finance, and digital publishing. The platform is entirely software-defined, supporting rapid scaling and real-time data delivery for a diverse client base, which includes companies like GIPHY and 1stdibs.For the fiscal year 2024, Fastly reported a revenue of USD 543.68 mn and an EBITDA of USD -167.92 mn. Their business model focuses on subscription services, where clients are billed based on data processing volumes and service levels, further supported by features like Instant Purge and real-time security solutions.Fastly plans to leverage its recent funding to enhance its Edge Cloud Platform by developing new product features aimed at improving client offerings. The company is also targeting expansion into new geographic regions including Europe and Asia by 2025, aiming to capture a larger share of the global market. The funds raised in the latest round will support the development of innovative solutions and the scaling of operations across these targeted regions.

## Funding rounds

- Series F, Jun 28, 2018, $40M — DTCP, Swisscom Ventures, Sozo Ventures
- Series E, Apr 24, 2017, $50M — Sorenson Capital, August Capital, Indie Enterprises, Sapphire Ventures, Ridge Ventures, ICONIQ Capital, Amplify Partners
- Series D, Jul 23, 2015, $75M — Battery Ventures, August Capital, Indie Enterprises, Ridge Ventures, ICONIQ Capital, Amplify Partners
- Series C, May 14, 2014, $42M — Battery Ventures, August Capital, Indie Enterprises, Ridge Ventures, Amplify Partners
- Series B, Feb 26, 2013, $11M — August Capital, Indie Enterprises
- Series A, May 30, 2012, $1M — Battery Ventures, Indie Enterprises, Amplify Partners
- Seed, Mar 25, 2011, $1.2M — Indie Enterprises

## Investors

- Indie Enterprises (https://capitalatlas.ai/funds/indie-enterprises) — Seed, Series A, Series B, Series C, Series D, Series E
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A, Series C, Series D
- Amplify Partners (https://capitalatlas.ai/funds/amplify-partners) — Series A, Series C, Series D, Series E
- August Capital (https://capitalatlas.ai/funds/august-capital) — Series B, Series C, Series D, Series E
- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Series C, Series D, Series E
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series D, Series E
- Sorenson Capital (https://capitalatlas.ai/funds/sorenson-capital) — Series E
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series E
- DTCP — Series F
- Swisscom Ventures (https://capitalatlas.ai/funds/swisscom-ventures) — Series F
- Sozo Ventures (https://capitalatlas.ai/funds/sozo-ventures) — Series F