This new solution will integrate with our platform, accelerating the adoption of edge computing, while simultaneously solving for modern security challenges.” “Together with Signal Sciences, we will give developers modern security tools designed for the way they work. Now, as the digital transformation movement continues to accelerate, DevOps teams are struggling with inadequate and inflexible security tools,” said Joshua Bixby, Chief Executive Officer of Fastly. “Fastly was founded to meet developers’ need for greater visibility and control. The strategic acquisition will help Fastly expand its security portfolio and help it compete with companies such as Akamai and Cloudflare. ![]() ![]() Signal Sciences has raised more than $61 million in funding, including $35 million in a Series C funding round in February 2019.įastly plans to combine Signal Sciences’ technology with its current solutions to launch a new unified web application and API protection solution called Content delivery network (CDN) provider Fastly (NYSE: FSLY) announced on Thursday that it has agreed to acquire web application security firm Signal Sciences for approximately $775 million in cash and stock.įounded in 2014, California-based Signal Sciences provides web application firewall (WAF) and runtime application self-protection (RASP) technologies designed to protect applications, APIs and microservices.
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