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| caption =
| caption =
| founded = {{Start date and age|2011|03}}
| founded = {{Start date and age|2011|03}}
| type = [[Public company]]
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NYSE|FSLY}} (Class A)|[[Russell 2000]] component}}
| traded_as = {{ubl|{{NYSE|FSLY}} (Class A)|[[Russell 2000]] component}}
| founder = Artur Bergman
| founder = Artur Bergman
| hq_location = {{nowrap|[[San Francisco, California]], U.S.}}
| hq_location = {{nowrap|[[San Francisco, California]], U.S.}}
| key_people = {{plainlist|
| key_people = Todd Nightingale ([[Chief executive officer|CEO]])<br>Tyler McMullen ([[Chief technical officer|CTO]])<br>Ronald W. Kisling ([[Chief financial officer|CFO]])
* Todd Nightingale ([[Chief executive officer|CEO]])
* [[David Hornik]] ([[Chairman]])
* Tyler McMullen ([[Chief technical officer|CTO]])
* Ronald W. Kisling ([[Chief financial officer|CFO]])}}
| industry = [[Internet]]
| industry = [[Internet]]
| services = {{Plainlist|
| services = {{Plainlist|
Line 17: Line 21:
* Website performance}}
* Website performance}}
| website = {{Official URL}}
| website = {{Official URL}}
| revenue = {{increase}} {{US$|433 million|link=yes}} (2022)
| revenue = {{increase}} {{US$|506 million|link=yes}} (2023)
| operating_income = {{decrease}} {{US$|−246 million}} (2022)
| operating_income = {{increasenegative}} {{US$|−198 million}} (2023)
| net_income = {{increase}} {{US$|−191 million}} (2022)
| net_income = {{increasenegative}} {{US$|−133 million}} (2023)
| assets = {{decrease}} {{US$|1.90 billion}} (2022)
| assets = {{decrease}} {{US$|1.53 billion}} (2023)
| equity = {{decrease}} {{US$|955 million}} (2022)
| equity = {{increase}} {{US$|979 million}} (2023)
| num_employees = 1,112 (December 2022)
| num_employees = 1,207 (2023)
| footnotes = <ref name=10K>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1517413/000151741323000035/fsly-20221231.htm |title=US SEC: Form 10-K Fastly, Inc. |publisher=[[U.S. Securities and Exchange Commission]] |date=27 February 2023}}</ref>
| footnotes = <ref name=10K>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001517413/000151741324000048/fsly-20231231.htm |title=US SEC: Form 10-K Fastly, Inc. |publisher=[[U.S. Securities and Exchange Commission]] |date=22 February 2024}}</ref>
|module={{infobox network service provider|child=yes|asn=54113}}
}}
}}


'''Fastly''' is an American [[cloud computing]] services provider. It describes its network as an [[edge cloud]] platform, which is designed to help developers extend their core cloud infrastructure to the edge of the network, closer to users.<ref name="datacenterknowledge20170418">{{cite web|date=April 18, 2017|title=How The New York Times Handled Unprecedented Election-Night Traffic Spike|url=http://www.datacenterknowledge.com/archives/2017/04/18/how-new-york-times-handled-unprecedented-election-night-traffic-spike|work=DataCenter Knowledge}}</ref> The Fastly edge cloud platform includes their [[content delivery network]] (CDN), image optimization, video and streaming, cloud security, and load balancing services.<ref name="computerworld" /> Fastly's cloud security services include [[denial-of-service attack]] protection, bot mitigation, and a web application firewall.<ref name="tc20170601">{{cite web|title=Discontent and disruption in the world of content delivery networks|url=https://techcrunch.com/2017/06/01/discontent-and-disruption-in-the-world-of-content-delivery-networks/|work=TechCrunch}}</ref> Fastly's web application firewall uses the [[OWASP|Open Web Application Security Project]] [[ModSecurity]] Core Rule Set alongside its own ruleset.
'''Fastly''' is an American [[cloud computing]] services provider. It describes its network as an [[edge cloud]] platform, which is designed to help developers extend their core cloud infrastructure to the edge of the network, closer to users.<ref name="datacenterknowledge20170418">{{cite web|date=April 18, 2017|title=How The New York Times Handled Unprecedented Election-Night Traffic Spike|url=http://www.datacenterknowledge.com/archives/2017/04/18/how-new-york-times-handled-unprecedented-election-night-traffic-spike|work=DataCenter Knowledge}}</ref> The Fastly edge cloud platform includes their [[content delivery network]] (CDN), image optimization, video and streaming, [[Cloud computing security|cloud security]], and load balancing services.<ref name="computerworld" /> Fastly's cloud security services include [[denial-of-service attack]] protection, bot mitigation, and a web application firewall.<ref name="tc20170601">{{cite web|title=Discontent and disruption in the world of content delivery networks|url=https://techcrunch.com/2017/06/01/discontent-and-disruption-in-the-world-of-content-delivery-networks/|work=TechCrunch|date=June 2017 }}</ref> Fastly's web application firewall uses the [[OWASP|Open Web Application Security Project]] [[ModSecurity]] Core Rule Set alongside its own ruleset.


The Fastly platform is built on top of [[Varnish (software)|Varnish]].<ref>{{Cite web|title=The benefits of using Varnish|url=https://www.fastly.com/blog/benefits-using-varnish|access-date=December 23, 2020|website=Fastly.com}}</ref> As of December 2021, Fastly transfers 50–100Tbps of data.<ref>{{Cite web|url=https://www.peeringdb.com/net/5520|title = PeeringDB}}</ref>{{Better source needed|date=September 2022}}
The Fastly platform is built on top of [[Varnish (software)|Varnish]].<ref>{{Cite web|title=The benefits of using Varnish|url=https://www.fastly.com/blog/benefits-using-varnish|access-date=December 23, 2020|website=Fastly.com|date=30 March 2015 }}</ref> {{As of|2021|12|post=,}} Fastly transfers 50–100&nbsp;Tbps of data.<ref>{{Cite web|url=https://www.peeringdb.com/net/5520|title = PeeringDB}}</ref>{{Better source needed|date=September 2022}}


==History==
==History==
Fastly was founded in 2011 by the [[Swedish-American]] entrepreneur Artur Bergman, previously chief technical officer at [[Wikia]] (now Fandom).<ref name="vb20140916">{{cite web|last=Novet|first=Jordan|date=September 16, 2014|title=Fastly grabs $40M on its quest to build a big, cool content-delivery network|url=https://venturebeat.com/2014/09/16/fastly-funding/|url-status=live|archive-url=|archive-date=|access-date=December 23, 2020|work=VentureBeat}}</ref><ref>{{Cite web |url=https://open.nytimes.com/open-questions-a-conversation-with-fastly-ceo-artur-bergman-9c5e023baf57 |title=Open Questions: A Conversation with Fastly CEO Artur Bergman |date=2018-09-07 |access-date=2022-05-30 |website=[[The New York Times]] |last=Rockwell |first=Nick}}</ref> In June 2013, Fastly raised $10 million in Series B funding.<ref>{{Cite web |date=June 6, 2013|title=Fastly Raises $10M for Content Delivery Network Built for Mobile, Real-Time World|url=https://techcrunch.com/2013/06/05/fastly-raises-10m-for-content-delivery-network-built-for-mobile-real-time-world/|url-status=live|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch }}</ref> In April 2014, the company announced that it had acquired CDN Sumo, a CDN add-on for [[Heroku]].<ref>{{Cite web|last=Richards|first=Ryan|date=April 16, 2014|title=Ruby on Rails on Fastly|url=https://www.fastly.com/blog/ruby-on-rails-on-fastly|url-status=live|archive-url=https://web.archive.org/web/20201223092344/https://www.fastly.com/blog/ruby-on-rails-on-fastly|archive-date=December 23, 2020|access-date=December 23, 2020|website=www.fastly.com}}</ref> In September 2014, Fastly raised a further $40 million in Series C funding,<ref>{{Cite web|last=Miller|first=Ron|date=September 16, 2014|title=Fastly Growing Quickly Snags $40M As VCs Give Generously|url=https://techcrunch.com/2014/09/16/fastly-growing-quickly-snags-40m-as-vcs-give-generously/|url-status=live|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch}}</ref> followed by a $75 million Series D round in August 2015.<ref>{{Cite web|last=Lardinois|first=Frederic|date=August 5, 2015|title=Fastly Raises $75M For Its Real-Time CDN|url=https://techcrunch.com/2015/08/05/fastly-raises-75m-series-d-round-for-its-real-time-cdn/|url-status=live|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch}}</ref>
Fastly was founded in 2011 by the [[Swedish-American]] entrepreneur Artur Bergman, previously chief technical officer at [[Wikia]] (now Fandom).<ref name="vb20140916">{{cite web|last=Novet|first=Jordan|date=September 16, 2014|title=Fastly grabs $40M on its quest to build a big, cool content-delivery network|url=https://venturebeat.com/2014/09/16/fastly-funding/|archive-url=|archive-date=|access-date=December 23, 2020|work=VentureBeat}}</ref><ref>{{Cite web |url=https://open.nytimes.com/open-questions-a-conversation-with-fastly-ceo-artur-bergman-9c5e023baf57 |title=Open Questions: A Conversation with Fastly CEO Artur Bergman |date=2018-09-07 |access-date=2022-05-30 |website=[[The New York Times]] |last=Rockwell |first=Nick}}</ref> In June 2013, Fastly raised $10 million in Series B funding.<ref>{{Cite web |date=June 6, 2013|title=Fastly Raises $10M for Content Delivery Network Built for Mobile, Real-Time World|url=https://techcrunch.com/2013/06/05/fastly-raises-10m-for-content-delivery-network-built-for-mobile-real-time-world/|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch }}</ref> In April 2014, the company announced that it had acquired CDN Sumo, a CDN add-on for [[Heroku]].<ref>{{Cite web|last=Richards|first=Ryan|date=April 16, 2014|title=Ruby on Rails on Fastly|url=https://www.fastly.com/blog/ruby-on-rails-on-fastly|url-status=live|archive-url=https://web.archive.org/web/20201223092344/https://www.fastly.com/blog/ruby-on-rails-on-fastly|archive-date=December 23, 2020|access-date=December 23, 2020|website=www.fastly.com}}</ref> In September 2014, Fastly raised a further $40 million in Series C funding,<ref>{{Cite web|last=Miller|first=Ron|date=September 16, 2014|title=Fastly Growing Quickly Snags $40M As VCs Give Generously|url=https://techcrunch.com/2014/09/16/fastly-growing-quickly-snags-40m-as-vcs-give-generously/|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch}}</ref> followed by a $75 million Series D round in August 2015.<ref>{{Cite web|last=Lardinois|first=Frederic|date=August 5, 2015|title=Fastly Raises $75M For Its Real-Time CDN|url=https://techcrunch.com/2015/08/05/fastly-raises-75m-series-d-round-for-its-real-time-cdn/|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch}}</ref>


In September 2015, [[Google]] partnered with Fastly and other content delivery network providers to offer services to its users.<ref name="tc20150909">{{cite web|url=https://techcrunch.com/2015/09/09/google-partners-with-cloudflare-fastly-level-3-and-highwinds-to-help-developers-push-google-cloud-content-to-users-faster/|title=Google Partners With CloudFlare, Fastly, Level 3 And Highwinds To Help Developers Push Google Cloud Content To Users Faster|work=TechCrunch}}</ref> In April 2017, Fastly launched its edge cloud platform along with image optimization, load balancing, and a [[web application firewall]].<ref name="computerworld">{{cite web | last=Kepes | first=Ben | title=In the need for speed, Fastly goes all the way to the edge | website=[[Computerworld]] | date=April 18, 2017 | url=https://www.computerworld.com/article/3189666/internet/in-the-need-for-speed-fastly-goes-all-the-way-to-the-edge.html | access-date=October 10, 2017}}</ref><ref name="bizety20170418">{{cite web|url=https://www.bizety.com/2017/04/18/fastly-releases-edge-cloud-platform/|title=Fastly Releases Edge Cloud Platform|work=Bizty}}</ref>
In September 2015, [[Google]] partnered with Fastly and other content delivery network providers to offer services to its users.<ref name="tc20150909">{{cite web|url=https://techcrunch.com/2015/09/09/google-partners-with-cloudflare-fastly-level-3-and-highwinds-to-help-developers-push-google-cloud-content-to-users-faster/|title=Google Partners With CloudFlare, Fastly, Level 3 And Highwinds To Help Developers Push Google Cloud Content To Users Faster|work=TechCrunch|date=9 September 2015 }}</ref> In April 2017, Fastly launched its edge cloud platform along with image optimization, load balancing, and a [[web application firewall]].<ref name="computerworld">{{cite web | last=Kepes | first=Ben | title=In the need for speed, Fastly goes all the way to the edge | website=[[Computerworld]] | date=April 18, 2017 | url=https://www.computerworld.com/article/3189666/internet/in-the-need-for-speed-fastly-goes-all-the-way-to-the-edge.html | access-date=October 10, 2017}}</ref><ref name="bizety20170418">{{cite web|url=https://www.bizety.com/2017/04/18/fastly-releases-edge-cloud-platform/|title=Fastly Releases Edge Cloud Platform|work=Bizty}}</ref>


Fastly raised $50 million in funding in April 2017,<ref>{{Cite web|title=Fastly raises another $50 million for its content delivery networking technology|url=https://techcrunch.com/2017/05/23/marching-to-pied-pipers-fictional-tune-fastly-raises-50-million/|access-date=December 23, 2020|website=TechCrunch }}</ref> and another $40 million in July 2018.<ref>{{Cite web|last=Dillet|first=Romain|date=July 17, 2018|title=Fastly raises another $40 million before an IPO|url=https://techcrunch.com/2018/07/16/fastly-raises-another-40-million-before-an-ipo/|url-status=live|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch }}</ref> The company filed for an [[initial public offering]] (IPO) in April 2019 and debuted on the [[New York Stock Exchange]] on May 17, 2019.<ref>{{Cite web|last=Shieber|first=Jonathan|date=April 20, 2019|title=Fastly, the content delivery network, files for an IPO|url=https://techcrunch.com/2019/04/19/fastly-the-content-delivery-network-files-for-an-ipo/|url-status=live|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch }}</ref><ref>{{Cite web|last=Novet|first=Jordan|date=May 17, 2019|title=Fastly shares rocket as much as 60% in IPO debut|url=https://www.cnbc.com/2019/05/17/fastly-starts-trading-on-nyse.html|access-date=December 23, 2020|website=CNBC }}</ref> In February 2020, Bergman stepped down as CEO and assumed the role of chief architect and executive chairperson; Joshua Bixby took over the CEO role.<ref>{{Cite web|last=Hernbroth|first=Megan|date=February 23, 2020|title='I like being in the trenches': Fastly CEO steps down after disappointing market debuts, citing his 'true strengths and passions' as a developer instead of company leader|url=https://www.businessinsider.com.au/fastly-ceo-artur-bergman-stepping-down-joshua-bixby-2020-2|access-date=December 23, 2020|website=Business Insider Australia }}</ref>
Fastly raised $50 million in funding in April 2017,<ref>{{Cite web|title=Fastly raises another $50 million for its content delivery networking technology|url=https://techcrunch.com/2017/05/23/marching-to-pied-pipers-fictional-tune-fastly-raises-50-million/|access-date=December 23, 2020|website=TechCrunch |date=23 May 2017 }}</ref> and another $40 million in July 2018.<ref>{{Cite web|last=Dillet|first=Romain|date=July 17, 2018|title=Fastly raises another $40 million before an IPO|url=https://techcrunch.com/2018/07/16/fastly-raises-another-40-million-before-an-ipo/|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch }}</ref> The company filed for an [[initial public offering]] (IPO) in April 2019 and debuted on the [[New York Stock Exchange]] on May 17, 2019.<ref>{{Cite web|last=Shieber|first=Jonathan|date=April 20, 2019|title=Fastly, the content delivery network, files for an IPO|url=https://techcrunch.com/2019/04/19/fastly-the-content-delivery-network-files-for-an-ipo/|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch }}</ref><ref>{{Cite web|last=Novet|first=Jordan|date=May 17, 2019|title=Fastly shares rocket as much as 60% in IPO debut|url=https://www.cnbc.com/2019/05/17/fastly-starts-trading-on-nyse.html|access-date=December 23, 2020|website=CNBC }}</ref> In February 2020, Bergman stepped down as CEO and assumed the role of chief architect and executive chairperson; Joshua Bixby took over the CEO role.<ref>{{Cite web|last=Hernbroth|first=Megan|date=February 23, 2020|title='I like being in the trenches': Fastly CEO steps down after disappointing market debuts, citing his 'true strengths and passions' as a developer instead of company leader|url=https://www.businessinsider.com.au/fastly-ceo-artur-bergman-stepping-down-joshua-bixby-2020-2|access-date=December 23, 2020|website=Business Insider Australia }}</ref>


In August 2020, Fastly announced it was acquiring cybersecurity company Signal Sciences for $775 million ($200 million in cash and $575 million in stock).<ref>{{Cite web|last=Shieber|first=Jonathan|date=August 27, 2020|title=LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M|url=https://techcrunch.com/2020/08/27/la-gets-a-big-saas-exit-as-fastly-nabs-the-culver-city-based-signal-sciences-for-775m/|url-status=live|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch}}</ref>
In August 2020, Fastly announced it was acquiring cybersecurity company Signal Sciences for $775 million ($200 million in cash and $575 million in stock).<ref>{{Cite web|last=Shieber|first=Jonathan|date=August 27, 2020|title=LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M|url=https://techcrunch.com/2020/08/27/la-gets-a-big-saas-exit-as-fastly-nabs-the-culver-city-based-signal-sciences-for-775m/|archive-url=|archive-date=|access-date=December 23, 2020|website=TechCrunch}}</ref>


In June 2021, Ronald W. Kisling, previously employed by [[Alphabet Inc.|Alphabet]] as the CFO of the [[Fitbit]] division, was hired to serve as Fastly's CFO, succeeding Adriel Lares. He assumed the position in August 2021.<ref>{{Cite web|date=2021-06-29|title=Fastly Appoints Ron Kisling as CFO|url=https://www.businesswire.com/news/home/20210629006004/en/Fastly-Appoints-Ron-Kisling-as-CFO|access-date=2021-07-07|website=www.businesswire.com|language=en}}</ref><ref>{{Cite news|last=Maurer|first=Mark|date=2021-06-29|title=Cloud-Services Firm Fastly Hires Google Executive as CFO|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/cloud-services-firm-fastly-hires-google-executive-as-cfo-11625009576|access-date=2021-07-07|issn=0099-9660}}</ref>
In June 2021, Ronald W. Kisling, previously employed by [[Alphabet Inc.|Alphabet]] as the CFO of the [[Fitbit]] division, was hired to serve as Fastly's CFO, succeeding Adriel Lares. He assumed the position in August 2021.<ref>{{Cite web|date=2021-06-29|title=Fastly Appoints Ron Kisling as CFO|url=https://www.businesswire.com/news/home/20210629006004/en/Fastly-Appoints-Ron-Kisling-as-CFO|access-date=2021-07-07|website=www.businesswire.com|language=en}}</ref><ref>{{Cite news|last=Maurer|first=Mark|date=2021-06-29|title=Cloud-Services Firm Fastly Hires Google Executive as CFO|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/cloud-services-firm-fastly-hires-google-executive-as-cfo-11625009576|access-date=2021-07-07|issn=0099-9660}}</ref>
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In August 2022, Todd Nightingale, previously employed by [[Cisco Systems Inc.|Cisco]] as Executive Vice President of Enterprise Networking and Cloud business, was hired to serve as Fastly's CEO, succeeding Joshua Bixby.<ref>{{Cite web|date=2022-08-03|title=Cisco Networking And Cloud Leader Todd Nightingale to join Fastly as CEO|url=https://www.crn.com/news/networking/cisco-networking-and-cloud-leader-todd-nightingale-to-join-fastly-as-ceo|access-date=2022-08-03|work=[[CRN (magazine)|CRN]] |first=Gina |last=Narcisi}}</ref>
In August 2022, Todd Nightingale, previously employed by [[Cisco Systems Inc.|Cisco]] as Executive Vice President of Enterprise Networking and Cloud business, was hired to serve as Fastly's CEO, succeeding Joshua Bixby.<ref>{{Cite web|date=2022-08-03|title=Cisco Networking And Cloud Leader Todd Nightingale to join Fastly as CEO|url=https://www.crn.com/news/networking/cisco-networking-and-cloud-leader-todd-nightingale-to-join-fastly-as-ceo|access-date=2022-08-03|work=[[CRN (magazine)|CRN]] |first=Gina |last=Narcisi}}</ref>

In August 2023, it was announced Fastly has acquired the domain status [[API]] provider, Domainr.<ref name=":0">{{Cite web |date=2023-08-17 |title=Fastly acquires Domainr and launches new TLS Certification Authority |url=https://siliconangle.com/2023/08/17/fastly-acquires-domainr-launches-new-tls-certification-authority/ |access-date=2023-08-18 |website=SiliconANGLE |language=en-US}}</ref>

In June 2024, Fastly announced the launch of their [[artificial intelligence]] 'accelerator' at their first-ever special event held in [[New York City]]. This accelerator would provide developers with faster and cheaper access to AI via their [[edge computing]] [[API]], initially supporting [[ChatGPT]], with intent to support additional [[Large language model|models]].<ref>{{Cite web |last=Dano |first=Mike |date=2024-06-13 |title=Fastly promises better access to ChatGPT via a new edge API |url=https://www.lightreading.com/ai-machine-learning/fastly-promises-better-access-to-chatgpt-via-a-new-edge-api |url-status=live |website=Light Reading}}</ref><ref>{{Cite web |date=2024-06-13 |title=Fastly releases global cloud AI accelerator to help developers reduce costs and boost performance |url=https://siliconangle.com/2024/06/13/fastly-releases-global-cloud-ai-accelerator-help-developers-reduce-costs-boost-performance/ |access-date=2024-06-14 |website=SiliconANGLE |language=en-US}}</ref>


==Operation==
==Operation==
Fastly's CDN service follows the [[reverse proxy]] model, routing all website traffic through their own servers instead of providing a 'cdn.mydomain.com' address to store site-specific files. It then fetches content from the [[point of presence]] nearest to the location of the requesting user, out of nearly 60 worldwide.<ref>{{Cite web|date=2021-03-31|title=Fastly network map|url=https://www.fastly.com/network-map|url-status=live|access-date=2021-06-09|website=Fastly website}}</ref> It is priced as a pay-as-you-go service subject to a [[US$]]50 per month minimum charge, with bandwidth charged at variable rates depending on region.<ref name="trreview">{{Cite news|last=Williams|first=Mike|date=15 February 2021|title=Fastly review|url=https://www.techradar.com/uk/reviews/fastly|url-status=live|work=[[TechRadar]]}}</ref> Content is not directly uploaded to their servers, rather it is pulled periodically from the origin server and [[Cache (computing)|cached]] in order to reduce the time required for an end-user to access the content.<ref>{{Cite web|date=2018-04-24|title=How Fastly's CDN Service works|url=https://docs.fastly.com/en/guides/how-fastlys-cdn-service-works|url-status=live|access-date=2021-06-09|website=Fastly documentation}}</ref>
Fastly's [[Content delivery network|CDN]] service follows the [[reverse proxy]] model, routing all website traffic through their own servers instead of providing a 'cdn.mydomain.com' address to store site-specific files. It then fetches content from the [[point of presence]] nearest to the location of the requesting user, out of nearly 60 worldwide.<ref>{{Cite web|date=2021-03-31|title=Fastly network map|url=https://www.fastly.com/network-map|access-date=2021-06-09|website=Fastly website}}</ref> Aside from a free account tier that offers [[US$]]50 per month worth of [[Content delivery network|CDN]] traffic and uncapped access to features such as [[URL redirection|redirects]] and [[DDoS mitigation]], it is priced as a pay-as-you-go service subject to a [[US$]]50 per month minimum charge, with bandwidth charged at variable rates depending on region.<ref name=":0" /><ref name="trreview">{{Cite news|last=Williams|first=Mike|date=15 February 2021|title=Fastly review|url=https://www.techradar.com/uk/reviews/fastly|work=[[TechRadar]]}}</ref><ref>{{Cite web |title=Edge cloud pricing |url=https://www.fastly.com/pricing |access-date=2024-06-14 |website=www.fastly.com |language=en-US}}</ref> Content is not directly uploaded to their servers, rather it is pulled periodically from the origin server and [[Cache (computing)|cached]] in order to reduce the time required for an end-user to access the content.<ref>{{Cite web|date=2018-04-24|title=How Fastly's CDN Service works|url=https://docs.fastly.com/en/guides/how-fastlys-cdn-service-works|access-date=2021-06-09|website=Fastly documentation}}</ref>


Fastly supports the [[User Datagram Protocol|UDP]]-based [[HTTP/3]] protocol, as well as [[Digital rights management|DRM]] enabled content, [[encryption]] and secure tokens to restrict media access.<ref name="trreview" />
Fastly supports the [[User Datagram Protocol|UDP]]-based [[HTTP/3]] protocol, as well as [[Digital rights management|DRM]] enabled content, [[encryption]] and secure tokens to restrict media access.<ref name="trreview" /><ref>{{Cite web |last=Sudia |first=David |date=2023-01-05 |title=How to Get Started with HTTP/3 |url=https://thenewstack.io/how-to-get-started-with-http3/ |access-date=2023-05-12 |website=The New Stack |language=en-US}}</ref>


On 8 June 2021, Fastly reported problems with their [[Content delivery network|CDN]] service which caused many major websites, such as [[Reddit]], [[gov.uk]], [[Twitch (service) |Twitch]], [[Spotify]] and [[Amazon (company)|Amazon]], along with major news sources such as ''[[The New York Times]]'', ''[[The Guardian]]'', [[CNN]] and the [[BBC]], to become unavailable.<ref>{{Cite web|last1=Singh|first1=Manish|last2=Dillet|first2=Romain|date=8 June 2021|title=Twitch, Pinterest, Reddit and more go down in Fastly CDN outage|url=https://techcrunch.com/2021/06/08/numerous-popular-websites-are-facing-an-outage/|url-status=live|access-date=2021-06-08|website=[[TechCrunch]]|language=en-US}}</ref> Affected tech news outlet ''[[The Verge]]'' resorted to using [[Google Docs]] to report on the ongoing outage.<ref>{{Cite web|title=Vast chunks of the internet are offline, including The Verge.|url=https://twitter.com/verge/status/1402210406328942592|url-status=live|access-date=2021-06-08|website=Twitter|language=en}}</ref><ref>{{Cite web|title=Huge web outage takes Reddit, Twitch, and other big sites offline for an hour|url=https://www.theverge.com/2021/6/8/22523953/twitch-reddit-down-fastly-outage-issues|url-status=live|access-date=2021-06-08|website=[[The Verge]]|date=8 June 2021|language=en}}</ref>{{Better source needed|date=June 2021}} It also affected certain parts of other major websites, such as the servers hosting the [[Emoji|emojis]] used by [[Twitter]], resulting in them becoming inaccessible.<ref>{{Cite web|date=2021-06-08|title=Massive internet outage hits websites including Amazon, gov.uk and Guardian|url=http://www.theguardian.com/technology/2021/jun/08/massive-internet-outage-hits-websites-including-amazon-govuk-and-guardian-fastly|url-status=live|access-date=2021-06-08|website=[[The Guardian]]|language=en}}</ref> The outage was resolved by Fastly after a few hours. Fastly has since stated that the cause of the outage was a [[software bug]] triggered by a specific user configuration.<ref>{{Cite web|last=Rockwell|first=Nick|date=2021-06-08|title=Summary of June 8 outage|url=https://www.fastly.com/blog/summary-of-june-8-outage|url-status=live|access-date=2021-06-09|website=Fastly Blog|language=en-US}}</ref><ref>{{Cite web|title=How One Fastly Customer Broke The Internet|url=https://gizmodo.com/how-one-fastly-customer-broke-the-internet-1847061755|url-status=live|access-date=2021-06-13|website=[[Gizmodo]]|language=en-us}}</ref>
On 8 June 2021, Fastly reported problems with their [[Content delivery network|CDN]] service which caused many major websites, such as [[Reddit]], [[gov.uk]], [[Twitch (service) |Twitch]], [[Spotify]] and [[Amazon (company)|Amazon]], along with major news sources such as ''[[The New York Times]]'', ''[[The Guardian]]'', [[CNN]] and the [[BBC]], to become unavailable.<ref>{{Cite web|last1=Singh|first1=Manish|last2=Dillet|first2=Romain|date=8 June 2021|title=Twitch, Pinterest, Reddit and more go down in Fastly CDN outage|url=https://techcrunch.com/2021/06/08/numerous-popular-websites-are-facing-an-outage/|access-date=2021-06-08|website=[[TechCrunch]]|language=en-US}}</ref> It also affected certain parts of other major websites, such as the servers hosting the [[Emoji|emojis]] used by [[Twitter]], resulting in them becoming inaccessible.<ref>{{Cite web|date=2021-06-08|title=Massive internet outage hits websites including Amazon, gov.uk and Guardian|url=http://www.theguardian.com/technology/2021/jun/08/massive-internet-outage-hits-websites-including-amazon-govuk-and-guardian-fastly|access-date=2021-06-08|website=[[The Guardian]]|language=en}}</ref> The outage was resolved by Fastly after a few hours. Fastly has since stated that the cause of the outage was a [[software bug]] triggered by a specific user configuration.<ref>{{Cite web|last=Rockwell|first=Nick|date=2021-06-08|title=Summary of June 8 outage|url=https://www.fastly.com/blog/summary-of-june-8-outage|access-date=2021-06-09|website=Fastly Blog|language=en-US}}</ref><ref>{{Cite web|title=How One Fastly Customer Broke The Internet|url=https://gizmodo.com/how-one-fastly-customer-broke-the-internet-1847061755|access-date=2021-06-13|website=[[Gizmodo]]|date=9 June 2021 |language=en-us}}</ref>


==References==
==References==
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Revision as of 10:06, 14 June 2024

Fastly, Inc.
Company typePublic
IndustryInternet
FoundedMarch 2011; 13 years ago (2011-03)
FounderArtur Bergman
HeadquartersSan Francisco, California, U.S.
Key people
Services
RevenueIncrease US$506 million (2023)
Negative increase US$−198 million (2023)
Negative increase US$−133 million (2023)
Total assetsDecrease US$1.53 billion (2023)
Total equityIncrease US$979 million (2023)
Number of employees
1,207 (2023)
ASN
Websitewww.fastly.com Edit this at Wikidata
Footnotes / references
[1]

Fastly is an American cloud computing services provider. It describes its network as an edge cloud platform, which is designed to help developers extend their core cloud infrastructure to the edge of the network, closer to users.[2] The Fastly edge cloud platform includes their content delivery network (CDN), image optimization, video and streaming, cloud security, and load balancing services.[3] Fastly's cloud security services include denial-of-service attack protection, bot mitigation, and a web application firewall.[4] Fastly's web application firewall uses the Open Web Application Security Project ModSecurity Core Rule Set alongside its own ruleset.

The Fastly platform is built on top of Varnish.[5] As of December 2021, Fastly transfers 50–100 Tbps of data.[6][better source needed]

History

Fastly was founded in 2011 by the Swedish-American entrepreneur Artur Bergman, previously chief technical officer at Wikia (now Fandom).[7][8] In June 2013, Fastly raised $10 million in Series B funding.[9] In April 2014, the company announced that it had acquired CDN Sumo, a CDN add-on for Heroku.[10] In September 2014, Fastly raised a further $40 million in Series C funding,[11] followed by a $75 million Series D round in August 2015.[12]

In September 2015, Google partnered with Fastly and other content delivery network providers to offer services to its users.[13] In April 2017, Fastly launched its edge cloud platform along with image optimization, load balancing, and a web application firewall.[3][14]

Fastly raised $50 million in funding in April 2017,[15] and another $40 million in July 2018.[16] The company filed for an initial public offering (IPO) in April 2019 and debuted on the New York Stock Exchange on May 17, 2019.[17][18] In February 2020, Bergman stepped down as CEO and assumed the role of chief architect and executive chairperson; Joshua Bixby took over the CEO role.[19]

In August 2020, Fastly announced it was acquiring cybersecurity company Signal Sciences for $775 million ($200 million in cash and $575 million in stock).[20]

In June 2021, Ronald W. Kisling, previously employed by Alphabet as the CFO of the Fitbit division, was hired to serve as Fastly's CFO, succeeding Adriel Lares. He assumed the position in August 2021.[21][22]

In May 2022, Fastly announced it had acquired Glitch, a web coding platform with more than 1.8 million developers.[23]

In August 2022, Todd Nightingale, previously employed by Cisco as Executive Vice President of Enterprise Networking and Cloud business, was hired to serve as Fastly's CEO, succeeding Joshua Bixby.[24]

In August 2023, it was announced Fastly has acquired the domain status API provider, Domainr.[25]

In June 2024, Fastly announced the launch of their artificial intelligence 'accelerator' at their first-ever special event held in New York City. This accelerator would provide developers with faster and cheaper access to AI via their edge computing API, initially supporting ChatGPT, with intent to support additional models.[26][27]

Operation

Fastly's CDN service follows the reverse proxy model, routing all website traffic through their own servers instead of providing a 'cdn.mydomain.com' address to store site-specific files. It then fetches content from the point of presence nearest to the location of the requesting user, out of nearly 60 worldwide.[28] Aside from a free account tier that offers US$50 per month worth of CDN traffic and uncapped access to features such as redirects and DDoS mitigation, it is priced as a pay-as-you-go service subject to a US$50 per month minimum charge, with bandwidth charged at variable rates depending on region.[25][29][30] Content is not directly uploaded to their servers, rather it is pulled periodically from the origin server and cached in order to reduce the time required for an end-user to access the content.[31]

Fastly supports the UDP-based HTTP/3 protocol, as well as DRM enabled content, encryption and secure tokens to restrict media access.[29][32]

On 8 June 2021, Fastly reported problems with their CDN service which caused many major websites, such as Reddit, gov.uk, Twitch, Spotify and Amazon, along with major news sources such as The New York Times, The Guardian, CNN and the BBC, to become unavailable.[33] It also affected certain parts of other major websites, such as the servers hosting the emojis used by Twitter, resulting in them becoming inaccessible.[34] The outage was resolved by Fastly after a few hours. Fastly has since stated that the cause of the outage was a software bug triggered by a specific user configuration.[35][36]

References

  1. ^ "US SEC: Form 10-K Fastly, Inc". U.S. Securities and Exchange Commission. 22 February 2024.
  2. ^ "How The New York Times Handled Unprecedented Election-Night Traffic Spike". DataCenter Knowledge. April 18, 2017.
  3. ^ a b Kepes, Ben (April 18, 2017). "In the need for speed, Fastly goes all the way to the edge". Computerworld. Retrieved October 10, 2017.
  4. ^ "Discontent and disruption in the world of content delivery networks". TechCrunch. June 2017.
  5. ^ "The benefits of using Varnish". Fastly.com. 30 March 2015. Retrieved December 23, 2020.
  6. ^ "PeeringDB".
  7. ^ Novet, Jordan (September 16, 2014). "Fastly grabs $40M on its quest to build a big, cool content-delivery network". VentureBeat. Retrieved December 23, 2020.
  8. ^ Rockwell, Nick (2018-09-07). "Open Questions: A Conversation with Fastly CEO Artur Bergman". The New York Times. Retrieved 2022-05-30.
  9. ^ "Fastly Raises $10M for Content Delivery Network Built for Mobile, Real-Time World". TechCrunch. June 6, 2013. Retrieved December 23, 2020.
  10. ^ Richards, Ryan (April 16, 2014). "Ruby on Rails on Fastly". www.fastly.com. Archived from the original on December 23, 2020. Retrieved December 23, 2020.
  11. ^ Miller, Ron (September 16, 2014). "Fastly Growing Quickly Snags $40M As VCs Give Generously". TechCrunch. Retrieved December 23, 2020.
  12. ^ Lardinois, Frederic (August 5, 2015). "Fastly Raises $75M For Its Real-Time CDN". TechCrunch. Retrieved December 23, 2020.
  13. ^ "Google Partners With CloudFlare, Fastly, Level 3 And Highwinds To Help Developers Push Google Cloud Content To Users Faster". TechCrunch. 9 September 2015.
  14. ^ "Fastly Releases Edge Cloud Platform". Bizty.
  15. ^ "Fastly raises another $50 million for its content delivery networking technology". TechCrunch. 23 May 2017. Retrieved December 23, 2020.
  16. ^ Dillet, Romain (July 17, 2018). "Fastly raises another $40 million before an IPO". TechCrunch. Retrieved December 23, 2020.
  17. ^ Shieber, Jonathan (April 20, 2019). "Fastly, the content delivery network, files for an IPO". TechCrunch. Retrieved December 23, 2020.
  18. ^ Novet, Jordan (May 17, 2019). "Fastly shares rocket as much as 60% in IPO debut". CNBC. Retrieved December 23, 2020.
  19. ^ Hernbroth, Megan (February 23, 2020). "'I like being in the trenches': Fastly CEO steps down after disappointing market debuts, citing his 'true strengths and passions' as a developer instead of company leader". Business Insider Australia. Retrieved December 23, 2020.
  20. ^ Shieber, Jonathan (August 27, 2020). "LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M". TechCrunch. Retrieved December 23, 2020.
  21. ^ "Fastly Appoints Ron Kisling as CFO". www.businesswire.com. 2021-06-29. Retrieved 2021-07-07.
  22. ^ Maurer, Mark (2021-06-29). "Cloud-Services Firm Fastly Hires Google Executive as CFO". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-07-07.
  23. ^ Kastrenakes, Jacob (2022-05-19). "Glitch acquired by cloud service provider Fastly". The Verge. Retrieved 2022-05-20.
  24. ^ Narcisi, Gina (2022-08-03). "Cisco Networking And Cloud Leader Todd Nightingale to join Fastly as CEO". CRN. Retrieved 2022-08-03.
  25. ^ a b "Fastly acquires Domainr and launches new TLS Certification Authority". SiliconANGLE. 2023-08-17. Retrieved 2023-08-18.
  26. ^ Dano, Mike (2024-06-13). "Fastly promises better access to ChatGPT via a new edge API". Light Reading.{{cite web}}: CS1 maint: url-status (link)
  27. ^ "Fastly releases global cloud AI accelerator to help developers reduce costs and boost performance". SiliconANGLE. 2024-06-13. Retrieved 2024-06-14.
  28. ^ "Fastly network map". Fastly website. 2021-03-31. Retrieved 2021-06-09.
  29. ^ a b Williams, Mike (15 February 2021). "Fastly review". TechRadar.
  30. ^ "Edge cloud pricing". www.fastly.com. Retrieved 2024-06-14.
  31. ^ "How Fastly's CDN Service works". Fastly documentation. 2018-04-24. Retrieved 2021-06-09.
  32. ^ Sudia, David (2023-01-05). "How to Get Started with HTTP/3". The New Stack. Retrieved 2023-05-12.
  33. ^ Singh, Manish; Dillet, Romain (8 June 2021). "Twitch, Pinterest, Reddit and more go down in Fastly CDN outage". TechCrunch. Retrieved 2021-06-08.
  34. ^ "Massive internet outage hits websites including Amazon, gov.uk and Guardian". The Guardian. 2021-06-08. Retrieved 2021-06-08.
  35. ^ Rockwell, Nick (2021-06-08). "Summary of June 8 outage". Fastly Blog. Retrieved 2021-06-09.
  36. ^ "How One Fastly Customer Broke The Internet". Gizmodo. 9 June 2021. Retrieved 2021-06-13.

External links

  • Official website Edit this at Wikidata
  • Business data for Fastly, Inc.:
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