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Fastly Raises $50m in Funding

FinSMEs
Tuesday, May 23, 2017

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Term Sheet - Tuesday, May 23

Fortune
Tuesday, May 23, 2017

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Fastly Raises $50 Million for Content Delivery

The Wall Street Journal
Tuesday, May 23, 2017

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Fastly Closes $50 Million to Meet Demand for Edge Cloud Services

Tuesday, May 23, 2017

SAN FRANCISCO, May 23, 2017 — Fastly, the edge cloud platform, has announced $50 million in funding led by Sorenson Capital. Following the introduction of Fastly’s edge cloud platform, the company has continued to advance at a rapid pace, achieving over 100% annualized revenue growth in the last two quarters. Fastly is quickly approaching breakeven and has already reached an annualized run rate of $100 million in just five years to position itself in the top echelon of rapid-growth Silicon Valley companies.

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