O'Reilly Media, Swisscom and Deutsche Telekom-backed content management software provider has raised nearly $220m in venture funding.

US-based content delivery software provider Fastly has filed for a $100m initial public offering that could enable media company O’Reilly and telecommunications firms Deutsche Telekom and Swisscom to exit.

Fastly has built a cloud software platform that combines the traditional features of a content delivery network with application delivery controller technology and enhanced security features. It made a $30.9m net loss from almost $145m in revenue in 2018.

The offering comes in the wake of $216m of funding, including…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.