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Fastly, Inc. (symbol: FSLY) is a leading provider of edge cloud computing services that help some of the world's most renowned digital businesses keep up with evolving customer expectations. Founded in 2011, Fastly’s core business revolves around delivering fast, secure, and scalable online experiences. By leveraging its advanced edge cloud platform, businesses can accelerate technical innovation, mitigate evolving cyber threats, and dynamically scale their operations as needed.
Fastly powers a wide range of prominent online destinations including Airbnb, GitHub, Alaska Airlines, Pinterest, Vimeo, The Guardian, The New York Times, and Ticketmaster. Fastly’s platform stands out by focusing on fewer but network-dense data centers compared to traditional Content Delivery Networks (CDNs). This strategy allows it to efficiently handle dynamic content and edge computing capabilities, providing superior service to large, sophisticated enterprises.
Headquartered in San Francisco with a global working community spread across cities like Denver, New York, London, and Tokyo, Fastly has raised $130 million from notable investors such as August Capital, Iconiq Capital, Battery Ventures, OATV, and Amplify Partners. The company is committed to providing challenging work environments, continuous learning opportunities, and a collaborative atmosphere. Fastly’s approach has made it a trusted partner for enterprises aiming to accelerate their pace of innovation while ensuring reliable, high-performing online services.
For more information about Fastly’s innovative solutions and latest updates, visit fastly.com or follow them on Twitter at @fastly.
Fastly (NYSE: FSLY) showcased its support for the 2020 Lexus Melbourne Cup by partnering with Network 10, enhancing its commitment to Australian clients. The company expanded its network with upgraded points of presence (POPs) in Sydney and Melbourne, bolstering streaming capabilities amid COVID restrictions. During the Cup, Network 10 experienced a 1400% increase in peak bandwidth, leveraging Fastly's edge cloud platform to manage hundreds of thousands of viewers. This year’s event marked a 47% rise in live stream views compared to 2019, highlighting Fastly's growing significance in the digital streaming sector.
Fastly, Inc. (NYSE: FSLY) announced that CEO Joshua Bixby and CFO Adriel Lares will participate in several upcoming investor conferences. These include the Needham Virtual Security Conference on November 17, 2020, the Credit Suisse Annual Technology Conference on November 30, 2020, and the Wells Fargo TMT Summit on December 1, 2020. Webcasts of these presentations will be accessible on Fastly’s Investor Relations website.
Fastly's edge cloud platform enhances digital experiences by enabling quick and secure application processing, serving, and securing at the internet's edge.
Fastly, Inc. (NYSE: FSLY) provided an update to its shareholder letter dated October 28, 2020, clarifying that the anticipated contribution of approximately $8 million from the acquisition of Signal Sciences for Q4 2020 may be affected by purchase price accounting adjustments. These adjustments could significantly lower the amount of deferred revenue recognized. Stakeholders are encouraged to review the updated shareholder letter on Fastly's Investor Relations website for further details.
Fastly (NYSE: FSLY) has announced significant upgrades to its Compute@Edge platform, enhancing developer tools to support innovative applications like authentication and edge personalization. Production traffic is being successfully managed with improved performance, efficiency, and security. Key upgrades include Terraform API integration, a new CLI for streamlined deployments, expanded language support, and enhanced observability features. These enhancements are designed to enable developers to build and manage applications more effectively on Fastly's edge cloud infrastructure.
Fastly, Inc. (NYSE: FSLY) has announced significant enhancements to its Compute@Edge solution, enabling customers to run production traffic with advanced features like dynamic edge personalization and authentication. This development aims to empower developers in managing high internet traffic while ensuring performance and security. New tools include Terraform API support and a streamlined Command Line Interface (CLI), enhancing the developer experience. Fastly's commitment to serverless computing promises reduced latency and better performance, making it a vital choice for modern application development.
Fastly, Inc. (NYSE: FSLY) has enhanced its Compute@Edge solution, providing new developer tools and functionality aimed at improving serverless computing capabilities. Users can now deploy production traffic with features like dynamic personalization and authentication at the edge. New integrations include Terraform API support and a Command Line Interface (CLI) for streamlined application deployment. Enhanced observability tools help developers manage performance effectively. Fastly’s Compute@Edge aims to reduce latency and costs while enabling innovative use cases that meet rising digital demands.
Fastly, Inc. (NYSE: FSLY) reported a strong 42% year-over-year growth in revenue for Q3 2020, despite facing customer-specific challenges. CEO Joshua Bixby highlighted significant new customer additions and increased engagement with existing clients. The company remains optimistic about its future, focusing on its long-term strategies with Secure@Edge and Compute@Edge technologies. Fastly will hold a Q&A session to discuss these financial results and future outlook.
Fastly, Inc. (NYSE: FSLY) has announced advancements in its live event and video-on-demand services amid the growing demand for online streaming, accelerated by the COVID-19 pandemic. The company has introduced features such as Media Shield with Origin Insights and Live Event Monitoring, which enhance streaming capabilities and reduce costs. With video-on-demand users projected to increase significantly, Fastly aims to empower organizations with tools for effective digital transformation and improved user experiences in live streaming.
Fastly, Inc. (NYSE: FSLY) has announced significant advancements in its live event and video-on-demand services, responding to the increasing demand for online content amid the COVID-19 pandemic. With enhancements including Media Shield and real-time monitoring, Fastly aims to deliver high-quality, low-latency streaming. The company's services help organizations optimize streaming costs while improving user experience. The number of video-on-demand users is projected to increase by nearly 50 million by year-end, indicating a growing market for Fastly's solutions.
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