Tuesday, May 23, 2017

Fastly Finds $50M

San Francisco-based Fastly, a provider of content delivery services, has raised $50M in a funding round, the company said today. The funding was led by Sorenson Capital, and also included Sapphire Ventures, Iconiq Capital, Amplify Partners, August Capital, O'Reilly AlphaTech Ventures OATV, and IDG Ventures. The company said it has now raised a total of $180M. The company said it now has an annualized run rate of $100M. Artur Bergman is CEO and founder of Fastly.