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CDN Provider Fastly Files For A $100 Million IPO

CDN Provider Fastly Files For A $100 Million IPO 1
Fastly, a global edge cloud platform and content delivery network (CDN) with Points of Presence (PoPs) at the center of the highest density Internet Exchange Points in cities around the world, has filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million in an initial public offering (IPO).

Founded in 2011, Fastly is trusted by brands like Airbnb, The New York Times, Alaska Airlines, Vimeo, The Guardian, Deliveroo, Pinterest, GitHub, and thousands more across e-commerce, travel, and hospitality, digital publishing, SaaS industries, and financial services.

“At Fastly, we’ve built our platform to improve the Internet and empower and inspire developers, freeing them from the struggle between scale, safety and the speed of delivery,” said Tyler McMullen, CTO of Fastly.

Fastly intends to list its Class A common stock on The New York Stock Exchange under the ticker symbol ‘FSLY.’

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Fastly

Preliminary Prospectus

“The need for brands to embrace edge computing as part of their growth plan is a no-brainer, and we’re seeing that need reflected in our own business,” said Fastly President Joshua Bixby. “From flash sales and breaking news, to high profile streams and gaming, Fastly and edge computing empower unprecedented growth and scale, easily. We’re thrilled to help drive edge computing’s rapid adoption, and look forward to enabling more companies to build at the edge.”

The proposed Fastly IPO will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attn: Prospectus Department, or by email at dg.prospectus_requests@baml.com; Citigroup Global Markets Inc. c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (800) 831-9146; and Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, Eleven Madison Avenue, 3rd floor, New York, NY 10010, or by telephone at (800) 221-1037, or by email at usa.prospectus@credit-suisse.com.

Read more at CDN Provider Fastly Files For A $100 Million IPO on Website Hosting Review.