Fastly acquires cloud-based software development platform Glitch
Fastly Inc. has acquired Glitch Inc., the operator of a popular cloud-based software development platform used by more than 1.8 million programmers.
Quickly announced today’s acquisition. The terms of the agreement were not disclosed.
Fastly, which is listed on the NYSE, operates a popular content delivery network, or CDN, which organizations use to speed up their websites. The CDN stores copies of the content of organizations’ websites on numerous servers around the world. When a user visits a website, the content is uploaded from the nearest server to reduce upload times.
Fastly also offers other products covering areas such as advanced computing and cybersecurity. The acquisition of Glitch will allow the company to establish a significant presence in another market: the developer tools segment.
Glitch offers a cloud-based code editor that developers can use to create websites and applications. The platform automates many of the time-consuming manual tasks that often involve software development.
Often, writing code is just one of the many tasks involved in creating a website or application. Developers must also provide the hardware where their code can run, create a database to store application data, and configure other components. Glitch provides a preconfigured infrastructure for hosting software that saves users the hassle of building everything from scratch.
Another factor behind Glitch’s popularity is that it streamlines certain code editing tasks. On other software development platforms, finding the specific line of code responsible for an error can take a significant amount of time. The Glitch platform speeds up the task and provides a tool that allows users to quickly revert a code file to an earlier version when an error is discovered, making it easier to troubleshoot.
Glitch offers the basic features of your platform for free and generates revenue through a paid version that includes additional features. The startup’s 1.8 million users include developers from major technology companies such as Stripe and Google LLC. Prior to its acquisition by Fastly, Glitch raised $ 30 million in funding from Tiger Global.
Fastly will make it easier for Glitch users to deploy their applications to their computer platform without a Compute @ Edge server. The platform allows developers to execute code without having to manage the underlying infrastructure. In addition, Compute @ Edge allows you to host application code on hardware located near the users of the application, which reduces latency.
“Compute @ Edge now enables enterprise developers to build applications on Fastly’s Edge network with all the performance, security, and scale they need,” wrote Lakshmi Sharma, Fastly’s director of product and strategy. blog entry today. “We now want to open up a world of possibilities for all developers, from small and medium-sized business innovators to amateur developers and large-scale organizations.”
Cloudflare Inc., one of Fastly’s top competitors in the CDN marketplace, has also made serverless computing a major focus of its product strategy. It provides a serverless platform called Cloudflare Workers that allows developers to deploy code to the infrastructure on the edge of the network. This month, the company Updated the platform with an integrated relational database called D1 that will help developers more easily manage the data of their applications.