Published by: https://techcrunch.com
Written by: Jonathan Shieber
Source URL: hhttps://techcrunch.com/2017/05/23/marching-to-pied-pipers-fictional-tune-fastly-raises-50-million/
Content delivery company Fastly has raised $50 million in financing to expand its footprint as a corporate supplier of speedy application, website, and web service delivery.
In its press release, Fastly calls its service an “edge cloud platform”, which is a fantastic mix of nonsense and meaningless garbage that I’m going to refuse to use (seriously, Bateman Group, that is a hot-trash mix of word salad).
We didn’t get a chance to talk to the company, but according to a press release, the San Francisco-based Fastly has achieved 100 percent annualized revenue growth in the last two quarters (which I know is a meaningless number without the revenue, but beggars can’t be choosers), and has reached an annualized run rate of $100 million in its five years as a company on this earth.
Click here to read more.
About Calsoft
Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com
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