Akamai, the worldwide leader in CDN services, has just announced its acquisition of StackPath’s CDN business. We find ourselves slightly surprised, as we had predicted Akamai’s acquisition of StackPath just three days ago. The rapid occurrence of an event of
Is the CDN industry experiencing a shakeout? Let’s take a deeper look, starting with the macroeconomic overview and then the micro. Global Overview There are several economies in the world that are struggling. China, once the largest US trading partner and
Edge database startup pgEdge debuted in March, unveiling a fully distributed database based on PostgreSQL designed for the network edge. The startup raised a $9M seed round led by Sands Capital Ventures and Grotech Ventures. pgEdge joins the competitive edge
It’s been two months since our last industry snapshot. Recently, there have been no industry-impacting events. But, in the sign of the times, Netlify has laid off 16% of its staff and Edgio 10%. We understand Edgio’s decision since the merger
Recently, we asked ChatGPT a list of questions on edge computing, caching, and CDN, and the results were impressive. The biggest takeaway of using ChatGPT, it’s going to reduce the number of hours to write content by 50% to 75%. Â
Qwilt was born between the inception of Cloudflare and Fastly. Instead of becoming a traditional CDN, they opted to become a CDN for service providers, also known as network operators. They have some indirect competition from the likes of Akamai,
We’re publishing our first industry report after a three-year hiatus. The report explores three industry-impacting trends of the last decade, two of which are still in play. The fate of the CDN industry and AWS are intertwined, the yin and
In this quarter, there have been no industry-impacting events. However, it’s still early. The two top surprises involve Bunny.net and the maturing serverless market report. Bunny.net, the European CDN startup, has raised $6 million in Series A funding. Dejan Pelzel
Fly.io is a CDN startup that has been flying under the radar for some time. Founded in 2016, they’ve raised $37M in Series A and B. The team consists of engineers, and one product manager, with no marketing or sales,
Beginning this quarter, we’ll publish a summary of the state of the CDN industry. The goal is to review specific topics and themes of the last quarter. Discussions around earnings, trends, market challenges, new product innovations, and industry competitiveness are
Fastly reported earnings on August 3, 2022, and results were lukewarm. Total revenue for the year will come in at $415M to $425M, up from $354M in 2021. Fastly had 2,894 customers for the quarter, compared to 2,880 in Q1.
Akamai announced earnings on August 9, 2022, with mixed results. The company grew 6% y-o-y in Q2-2022; the culprit affecting growth was Delivery revenue. However, it’s noticeable one product group is taking off. The real story is Compute, which grew
Cloudflare reported earnings on August 5, 2022, and the results were impressive. They are a billion-dollar ARR company, the second vendor to reach this milestone in our industry apart from Akamai. Cloudflare has set the bar high for itself and
Last week, the public CDNs announced earnings, and the overall market reaction was brutal. Although some exceeded expectations, the gloomy economy was to blame. External forces like inflation, fears of a recession, war, and supply chain issues impacted the industry.
Akamai continues to lead our market in revenue, the number of enterprise customers, network capacity, PoPs, server count, headcount, acquisitions, etc. Although its narrow focus on the CDN industry helped it dominate the market, it also missed the chance to
