FASTLY, INC.


Associated tags: Neiman Marcus, Fastly, GitHub, Internet, Pinterest, Gartner, Stripe, IDC, The New York Times, Software, Security, FSLY, Networks, NYSE, Apps, Applications, Data Management

Locations: UNITED STATES, NORTH AMERICA, CALIFORNIA, SAN FRANCISCO, MIDDLE EAST, AFRICA, EUROPE

Fastly Boosts Managed Security Service with Bot Management and Industry-Leading SLA

Retrieved on: 
Monday, May 6, 2024

In a significant milestone to help organizations get ahead of today’s cyber threats, Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today enhanced its Managed Security Service with coverage of Fastly Bot Management, and an industry-leading 30-minute time-to-notify service level agreement (SLA).

Key Points: 
  • In a significant milestone to help organizations get ahead of today’s cyber threats, Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today enhanced its Managed Security Service with coverage of Fastly Bot Management, and an industry-leading 30-minute time-to-notify service level agreement (SLA).
  • “I’m excited to add Bot Management coverage and our new time-to-notify SLA to Fastly Managed Security Service, and I’m confident it will provide customers with peace of mind knowing that our team of experts is helping protect their most important assets against the latest web application attacks.”
    Fastly Managed Security Service is a premium offering powered by the Fastly Edge Cloud Platform which includes coverage of Fastly’s Next-Gen WAF, DDoS Mitigation, and now Bot Management subscriptions.
  • Fastly’s Managed Security Service customers have access to:
    the Fastly Customer Security Operations Center (CSOC), a global, follow-the-sun security organization which provides 24/7 monitoring, active mitigation and proactive threat hunts;
    strategic insights and guidance from Fastly Security Technical Account Managers; and
    the Fastly Security Research Team, which uncovers threat insights from across the industry and our customer base.
  • Fastly will showcase its Bot Management Solution, Managed Security Service and other innovations at booth #1535 at RSA Conference 2024 , which opens today in San Francisco, California.

Fastly Announces First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024

Last 12-month net retention rate (LTM NRR)1 increased to 114% in the first quarter from 113% in the fourth quarter of 2023.

Key Points: 
  • Last 12-month net retention rate (LTM NRR)1 increased to 114% in the first quarter from 113% in the fourth quarter of 2023.
  • Total customer count2 was 3,290 in the first quarter, up 47 from the fourth quarter of 2023; 577 were enterprise customers2 in the first quarter, down 1 from the fourth quarter of 2023.
  • Closed more Fastly product package deals in the first quarter of 2024 than the first half of 2023.
  • Published “API Security Study 2024,” an assessment of Europe-based companies' API security concerns based on insights from cybersecurity decision makers, experts, and practitioners.

Fastly Recognized as a GartnerⓇ Peer Insights™ Customers’ Choice for Cloud Web Application and API Protection for Sixth Consecutive Year

Retrieved on: 
Monday, April 29, 2024

Fastly was the only vendor to be recognized as Customers’ Choice in WAAP – Large Enterprise category.

Key Points: 
  • Fastly was the only vendor to be recognized as Customers’ Choice in WAAP – Large Enterprise category.
  • It also received recognition as a GartnerⓇ Peer Insights™ Midsize Enterprise Customers’ Choice and a GartnerⓇ Peer Insights™ Customers’ Choice for Europe, Middle East and Africa.
  • “Gartner defines cloud web application and API protection (WAAP) as a category of security solutions designed to protect web applications irrespective of their hosted locations.
  • Cloud WAAP’s core features include web application firewall (WAF), bot management, distributed denial of service (DDoS) mitigation and API protection.

Fastly to Announce First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, April 3, 2024

Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time.

Key Points: 
  • Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time.
  • A live webcast of the call will be available at https://investors.fastly.com where listeners may log on to the event by selecting the webcast link under the “Quarterly Results” section.
  • A telephone replay of the conference call will be available at approximately 5:00 p.m. PT, May 1 through May 15, 2024 by dialing 800-770-2030 or 609-800-9909 and entering the passcode 7543239.

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.

Fastly Launches New Global Event Series: Xcelerate 2024

Retrieved on: 
Thursday, March 21, 2024

Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced Xcelerate 2024 , a series of in-person global events developed exclusively to help Fastly’s network of developers, security professionals and business leaders deliver superior digital experiences at the edge.

Key Points: 
  • Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced Xcelerate 2024 , a series of in-person global events developed exclusively to help Fastly’s network of developers, security professionals and business leaders deliver superior digital experiences at the edge.
  • The first event kicks off in San Francisco on April 4, 2024 with London, New York and Sydney to follow.
  • “Innovation at the edge is vital to building a better Internet,” said Todd Nightingale, Chief Executive Officer, Fastly.
  • They will also receive an exclusive preview of new features and capabilities coming to the Fastly Edge Cloud Platform.

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 to Announce Fourth Quarter 2023 Financial Results

Retrieved on: 
Thursday, January 18, 2024

Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time.

Key Points: 
  • Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time.
  • A live webcast of the call will be available at https://investors.fastly.com where listeners may log on to the event by selecting the webcast link under the “Quarterly Results” section.
  • A telephone replay of the conference call will be available at approximately 5:00 p.m. PT, February 14 through February 27, 2024 by dialing 800-770-2030 or 647-362-9199 and entering the passcode 7543239.