Fastly Raises $40M in Series C Funding

fastlyFastly, a San Francisco, CA- New York-, and London, UK-based content delivery network (CDN), raised $40m in Series C funding.

Backers included previous investors August Capital (which led the round), Battery Ventures, O’Reilly AlphaTech Ventures, and Amplify Partners, as well as new investor IDG Ventures.

The company intends to use the funds to grow the team with executive and engineering hires, build more points-of-presence (POPs) in strategic locations around the world, and develop product partnerships with Fortune 500 companies.

Led by Artur Bergman, CEO, Fastly operates a content delivery network that gives businesses control over how they serve content, access to real-time performance analytics, and the ability to cache frequently changing content at the edge.
It powers Twitter, the Guardian, GOV.UK, Imgur, Fast Company, GitHub, Wayfair, Pinterest, and Shazam, among others.



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