Fastly, a San Francisco, CA-based provider of a content delivery network, raised a $10m Series B round of funding from August Capital.
The company, which had previously raised $1m in Series A funding from Battery Ventures and O’Reilly AlphaTech Ventures, intends to use the funds to increase its global presence.
Founded in 2011 by Artur Bergman, Fastly provides public, private, and hybrid CDNs, which leverage a patent-pending software layer to deliver static, dynamic, and streaming content with low latency.
The company’s CDNs are used by companies such as AddThis, Etsy, GitHub, The Guardian, Shazam, Twitter and Wanelo, among others.
FinSMEs
05/06/2013