San Francisco, CA
Overall Rank: 77
Category: Cloud Management
Category Rank: 8
Top 100 Software Companies of 2020
ProfileFastly’s edge computing and content delivery network (CDN) help clients create faster websites, videos, and apps in a world where business and pleasure increasingly takes place online. A direct reflection of just how desperately the world craves smoothly operating websites right now, Fastly’s stock leapt 320% in three months this spring. Adding almost $6 billion in market value in 60 days, Fastly has shot past other rising tech stocks, like Etsy and Wayfair.
Fastly’s customers include Github, TikTok, Shopify, and Slack, all of whom have seen massive upticks in use since the COVID-19 “safer at home” orders began. It’s no wonder Fastly is doing so well, with clients whose consumer bases are increasing every day. The company enabled Slack to help the world ease into a work-from-home scenario and saw TikTok transition from a popular teenage social media outlet to an unlikely platform for politics and change. The company’s sales were in the $200 million range last year and are expected to grow more than 40% this year.
Key Products1. Video CDN - Rapid delivery is key to providing broadcast-quality video experiences on any device, anywhere. Fastly’s edge cloud platform is built for performance: with a multi-terabit-per-second capacity, we scale to meet the most demanding video and streaming needs.
2. Edge cloud platform - Our platform empowers your teams to meet rising customer expectations and focus on what matters most: your core business.
3. Edge compute technology - Extend the power of your core cloud to the edge, and empower your teams to innovate. By moving data and applications as close to your end users as possible, you can deliver fast, highly personalized experiences to customers around the world.
4. Content delivery network - Fastly’s highly programmable CDN gives you the freedom to customize delivery right at the edge. Delight your users with the content they want at their fingertips.
5. Image Optimization - We transform and serve images faster from the edge, reducing origin traffic and saving on infrastructure and egress costs.