Thursday, 27 August 2020

LA gets a big SAAS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

LA gets a big SAAS exit as Fastly nabs the Culver City-based Signal Sciences for $775MLos Angeles was always more than a one industry town, even when it comes to technology startups, but media and entertainment (and social networking) were always the big draws in tinseltown. Now the city's enterprise tech scene can claim a really big winner with Signal Sciences, the security monitoring and management company that is getting bought by Fastly, a provider of content delivery networking services, for $775 million. Content delivery and security go hand-in-hand and some of the biggest companies online use businesses like Fastly and its competitor, Cloudflare, to ensure that their online presence doesn't go offline -- and that browsers can quickly download and deliver websites.




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