SpecTrust raises $4.3M to unify people and data in the fight against cybercrime

SpecTrust, a no-code, risk-defense layer to unify people, data, and technology in the fight against cybercrime, emerged from stealth, announcing $4.3M in funding. SpecTrust delivers a protective layer between applications and cybercriminals on the inte… Continue reading SpecTrust raises $4.3M to unify people and data in the fight against cybercrime

Fastly increases WebAssembly contributions to support secure-by-design software ecosystem

Fastly has expanded its investments in the WebAssembly ecosystem, reinforcing its belief that this emerging technology unlocks a more performant, secure, and flexible future for delivering websites and applications. In pursuit of this collaborative mis… Continue reading Fastly increases WebAssembly contributions to support secure-by-design software ecosystem

Cloud company Fastly to purchase app security provider Signal Sciences for $775 million

The cloud services company Fastly said Thursday it intends to acquire Signal Sciences for $775 million. The deal for Los Angeles-based Signal Sciences, which provides security monitoring and digital defenses for web applications, is for $200 million in cash and roughly $575 million in Class A stock, the companies said in an announcement. The deal is subject to “customary adjustments for transactions of this nature,” they said. Fastly also will set up a $50 million retention pool for restricted stock meant to current Signal Sciences employees. The transaction brings Signal Sciences into Fastly’s service, a content distribution platform that protects against distributed denial-of-service (DDoS) attacks, automated bot traffic and provides an application firewall. Now, the plan is to include Signal Science’s technology, which encompasses API protection, into a new security product. Word of the deal comes after Palo Alto Networks announced it would acquire Crypsis Group, an incident response firm, for $265 […]

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Fastly Cloud Optimizer brings real-time control and visibility to multi-cloud and multi-CDN architectures

Fastly, provider of an edge cloud platform, announced Cloud Optimizer, a new offering that enables critical, high-traffic content delivery by sitting between a company’s content delivery network (CDN) and its central cloud. Cloud Optimizer brings custo… Continue reading Fastly Cloud Optimizer brings real-time control and visibility to multi-cloud and multi-CDN architectures

Fastly raises another $40 million before an IPO

Last round before the IPO. That’s how Fastly frames its new $40 million Series F round. It means that the company has raised $219 million over the past few years. The funding round was led by Deutsche Telekom Capital Partners with participation from Sozo Ventures, Swisscom Ventures, and existing investors. Fastly operates a content delivery […] Continue reading Fastly raises another $40 million before an IPO