History of Fastly in Timeline

Fastly, Inc. is a San Francisco-based American cloud computing services provider. It offers a range of services including content delivery network (CDN), cloud security, image optimization, and load balancing. Fastly's CDN speeds up delivery of content to users by storing it on servers closer to them. Their security offerings protect against attacks like denial-of-service, mitigate bot activity, and include a web application firewall. The company also helps optimize images for faster loading and balances server loads to maintain website and application performance.

2011: Fastly Founded

Fastly was founded in 2011 by Artur Bergman, former CTO of Wikia.

June 2013: Series B Funding

In June 2013, Fastly raised $10 million in Series B funding.

April 2014: Acquisition of CDN Sumo

Fastly acquired CDN Sumo, a CDN add-on for Heroku, in April 2014.

September 2014: Series C Funding

In September 2014, Fastly secured $40 million in Series C funding.

August 2015: Series D Funding

Fastly raised $75 million in Series D funding in August 2015.

September 2015: Partnership with Google

In September 2015, Google partnered with Fastly and other CDN providers.

April 2017: Launch of Edge Cloud Platform

Fastly launched its edge cloud platform, including image optimization, load balancing, and a WAF, in April 2017.

April 2017: Funding Round

In April 2017, Fastly raised $50 million in funding.

July 2018: Funding Round

Fastly raised another $40 million in funding in July 2018.

April 2019: IPO Filing

Fastly filed for an initial public offering (IPO) in April 2019.

May 17, 2019: IPO on NYSE

On May 17, 2019, Fastly debuted on the New York Stock Exchange after its IPO.

February 2020: CEO Change

In February 2020, Artur Bergman stepped down as CEO of Fastly, becoming chief architect and executive chairperson. Joshua Bixby took over as CEO.

August 2020: Acquisition of Signal Sciences

Fastly acquired cybersecurity company Signal Sciences for $775 million in August 2020.

June 2021: Major Outage

On June 8, 2021, a major outage disrupted Fastly's CDN service, affecting websites like Reddit, gov.uk, Amazon, and major news sources. The outage, caused by a software bug, was resolved within a few hours.