Fastly, an edge-to-cloud platform, announced they had finalized a deal to acquire Signal Sciences on Thursday last week. As per the deal, Signal Sciences will receive $200M cash and an additional $557M in Class A stock. Using Signal Sciences’ technology, Fastly plans to create a new security solution, Secure@Edge, to offer scalable and flexible API security.
How to Write a Funding Announcement Press Release [+Template]
A funding announcement press release will help you amplify one of the great milestones in building your company. Raising money is a big deal for