Fastly

Fastly Unveils New Bot Management Solution to Help Detect and Block Threats at the Edge

Retrieved on: 
Tuesday, April 2, 2024

Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today introduced Fastly Bot Management to help organizations combat automated “bot” attacks at the edge and significantly reduce the risk of fraud, DDoS attacks, account takeovers, and other online abuse.

Key Points: 
  • Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today introduced Fastly Bot Management to help organizations combat automated “bot” attacks at the edge and significantly reduce the risk of fraud, DDoS attacks, account takeovers, and other online abuse.
  • Fastly Bot Management represents an important cybersecurity milestone for the company, building on its proven bot mitigation expertise and capabilities currently available in its Next-Gen WAF.
  • Built for modern development teams, Fastly Bot Management helps reduce complexity by being simple to use, developer-friendly, and highly performant through the power of Fastly’s Edge Cloud Platform.
  • Fastly Bot Management is now available to all Fastly Edge Cloud Platform customers.

LeakSignal Secures $1.6M in Seed Funding to Protect Data In-Transit Across Microservices and Modern Architectures

Retrieved on: 
Thursday, March 21, 2024

LeakSignal, a provider of microservices cybersecurity solutions, today announced that it has secured $1.6 million in an oversubscribed funding round.

Key Points: 
  • LeakSignal, a provider of microservices cybersecurity solutions, today announced that it has secured $1.6 million in an oversubscribed funding round.
  • In an era where traditional security measures fall short in their ability to protect modern architectures (e.g.
  • Microservices, Serverless, LLMs), LeakSignal differentiates itself by safeguarding sensitive data at its most vulnerable stage—when it is in transit.
  • The company plans to expand its evangelism efforts to equip platform and security engineers with cutting-edge data in-transit capabilities that integrate natively into all modern architectures.

Rampant API Growth Causing Cybersecurity Risks for Businesses

Retrieved on: 
Wednesday, March 20, 2024

In a recent survey by Fastly, 84% of respondents admitted to not having advanced API security in place.

Key Points: 
  • In a recent survey by Fastly, 84% of respondents admitted to not having advanced API security in place.
  • The lack of action on API breaches comes despite the vast majority of decision-makers knowing there is a problem.
  • 95% of respondents surveyed by Fastly said they had experienced API security problems in the last twelve months.
  • Over three quarters (79%) had delayed the rollout or integration of a new application due to API security concerns.

Fastly Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 14, 2024

GAAP net loss of $23.4 million, compared to $46.7 million in the fourth quarter of 2022.

Key Points: 
  • GAAP net loss of $23.4 million, compared to $46.7 million in the fourth quarter of 2022.
  • Non-GAAP net income of $1.7 million, compared to non-GAAP net loss of $9.5 million in the fourth quarter of 2022.
  • Total customer count2 was 3,243 in the fourth quarter, up 141 from the third quarter; 578 were enterprise customers2 in the fourth quarter, up 31 from the third quarter.
  • Our packaging motion is accelerating as more customers purchased package deals in the fourth quarter of 2023 than the first nine months of 2023 combined.

Fastly to Present at Upcoming Investor Conferences

Retrieved on: 
Wednesday, February 7, 2024

Fastly, Inc. (NYSE: FSLY), one of the world’s fastest global edge cloud platforms, today announced that management will be participating in fireside chats at the following investor conferences:

Key Points: 
  • Fastly, Inc. (NYSE: FSLY), one of the world’s fastest global edge cloud platforms, today announced that management will be participating in fireside chats at the following investor conferences:
    Raymond James 45th Annual Institutional Investors Conference in Orlando, FL on March 4th at 11:35 a.m.
  • ET
    Presenters: Ron Kisling, Chief Financial Officer and Vernon Essi, Jr., VP Investor Relations
    Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on March 6th at 9:30 a.m. PT
    Presenters: Todd Nightingale, Chief Executive Officer and Ron Kisling, Chief Financial Officer

Fastly Named a Leader for Edge Development Platforms 2023 by Independent Research Firm

Retrieved on: 
Monday, November 27, 2023

Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced it was named a Leader in The Forrester Wave™: Edge Development Platforms, Q4 2023 report , which evaluates software and development platforms that enable developers to build applications that tap into distributed managed infrastructure.

Key Points: 
  • Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced it was named a Leader in The Forrester Wave™: Edge Development Platforms, Q4 2023 report , which evaluates software and development platforms that enable developers to build applications that tap into distributed managed infrastructure.
  • To that end, developers building and deploying applications with Fastly gain the benefit of a fast, programmable CDN with robust security and an excellent developer experience.
  • “We spent more than a decade building Fastly Compute into an unbelievably powerful, incredibly performant global edge computing platform, and we are thrilled Forrester recognized, in our opinion, our vision and technical innovation.
  • This recognition is a significant milestone for our team and we are excited about the amazing things developers will build with us.”
    A complimentary copy of The Forrester Wave™: Edge Development Platforms, Q4 2023 report is available here .

The Race to Adapt: Fastly Research Reveals Businesses Lost Almost 10% of Their Revenue From Cyber Attacks in the Last Year

Retrieved on: 
Wednesday, November 15, 2023

This survey also reveals the hugely damaging financial effects of security breaches, with businesses losing 9% of their revenue over the last 12 months as a direct result of the cyber attacks they have suffered.

Key Points: 
  • This survey also reveals the hugely damaging financial effects of security breaches, with businesses losing 9% of their revenue over the last 12 months as a direct result of the cyber attacks they have suffered.
  • But financial damage is not the only result of cyber attacks.
  • On average, it will take businesses 7.5 months to recover from the loss of client trust as a result of a cyber attack.
  • This is also the top security priority for businesses over the next 12 months, with 37% focussing on AI security.

IonQ Hires CMO and Deepens Technical Leadership Team to Lead Company Through Next Phase of Growth

Retrieved on: 
Tuesday, November 7, 2023

She brings several decades of leadership experience to IonQ, having grown end-to-end ecosystems at startups and enterprise companies.

Key Points: 
  • She brings several decades of leadership experience to IonQ, having grown end-to-end ecosystems at startups and enterprise companies.
  • “Margaret’s arrival could not be better timed as we move to IonQ’s next phase of growth,” said Peter Chapman, CEO and President at IonQ.
  • “IonQ brings together leading innovators and builders from across the enterprise and government space, and Margaret is no exception.
  • This team has led IonQ’s technical milestone outperformance - against both internal and external goals - over the past 18+ months.

Streaming Video Technology Alliance Introduces Streaming Audio Study Group

Retrieved on: 
Tuesday, November 7, 2023

“Additionally, we are proud to announce the establishment of a brand new SVTA study group dedicated to addressing the unique challenges of streaming audio.

Key Points: 
  • “Additionally, we are proud to announce the establishment of a brand new SVTA study group dedicated to addressing the unique challenges of streaming audio.
  • Streaming audio, standalone or within video streams, faces unique scalability challenges to achieving a high-quality experience at scale.
  • To learn more about the Streaming Audio Study Group: https://www.svta.org/working-group/streaming-audio/
    Long-time SVTA member Alicia Pritchett of Fastly has accepted the role of SVTA President of the Board with Glenn Goldstein stepping down.
  • Goldstein joins other SVTA technical fellows Sanjay Mishra of Verizon; Brian Stevenson, Founder of OpenVU and Streaming Video Technology Alliance Subject Matter Expert; and Christopher Kulbakas of CBC/Radio-Canada.

Island Adds Accomplished Industry Veteran Matt Fairbanks as Chief Marketing Officer

Retrieved on: 
Thursday, November 2, 2023

As Island scales globally in the wake of strong U.S. and International demand for its market-leading Enterprise Browser, Island today announced the addition of Matt Fairbanks to its executive team as Chief Marketing Officer (CMO) and the appointment of Ellen Roeckl , Island’s former head of marketing, as the company’s first Chief Communications Officer (CCO).

Key Points: 
  • As Island scales globally in the wake of strong U.S. and International demand for its market-leading Enterprise Browser, Island today announced the addition of Matt Fairbanks to its executive team as Chief Marketing Officer (CMO) and the appointment of Ellen Roeckl , Island’s former head of marketing, as the company’s first Chief Communications Officer (CCO).
  • View the full release here: https://www.businesswire.com/news/home/20231102765707/en/
    Matt Fairbanks has joined Island as Chief Marketing Officer.
  • As head of marketing, Fairbanks was instrumental in the company’s successful IPO and subsequent growth.
  • With Fairbanks as CMO, the Sophos marketing team redefined and reinvigorated the brand, delivered massive increases in marketing pipeline, and helped the company realize a 3X increase in annual recurring revenue.