Fastly, a San Francisco-based CDN (content delivery network) platform, raised $50 million in funding with Sorenson Capital lading the round. Other investors included Iconiq Capital, Amplify Partners, August Capital, Sapphire Ventures, O’Reilly AlphaTech Ventures OATV, and IDG Ventures.
Competition in the fast growing CDN market intensifies, with the CDN industry giant Akamai loosing its ground to CloudFlare and Amazon’s CloudFront. The name of the game in the CDN market is low latency and low broadband cost. In growth terms CloudFlare leads the pack on strength of its value offer: freemium account model, friendly user interface, straight and transparent pricing.
Photo taken at Google Cloud NEXT