Akamai | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Akamai is a leading provider of cloud computing, security, and content delivery solutions. With over 20 years of experience, the...


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Akamai is a leading provider of cloud computing, security, and content delivery solutions. With over 20 years of experience, the company focuses on enhancing online experiences for billions of users globally by powering and protecting digital interactions. Akamai's platform is designed to keep applications running smoothly while safeguarding against online threats, making it a trusted partner for innovative companies worldwide.

Website
Headquarters
Cambridge, MA
Size
5001-10,000 employees
Industry
Software Development
Specialities
Edge Security, Web and Mobile Performance, Enterprise Access, Video Delivery Solutions

🛍️ Akamai Product and Pricing News →

👔 Akamai CEO, Management and Leadership Team →

⚔️ Akamai Alternatives and Competitors →

💼 Akamai Hiring and Layoffs →

🤖 Akamai Developer, Integration and Automation News →

📈 Akamai Financials, Fundraising and Valuation News →

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🛍️ Akamai Product and Pricing News

  • Akamai has introduced APIContext for proactive API monitoring on its cloud to enable faster issue resolution.
  • Akamai has accelerated its entry into the public cloud IaaS market since acquiring Linode in 2022, evolving from a CDN provider to a strong public cloud competitor.
  • Akamai and AlgoSec integrate to streamline security and reduce errors.
  • Akamai expanded its Object Storage to Melbourne, Mumbai, and London, increasing its global locations from 7 to 21.
  • Akamai has released new high-capacity E2 and E3 endpoints for its Object Storage on Akamai Cloud, enhancing performance and resilience for global brands in sectors like e-commerce and media streaming.

  • Akamai has introduced malware protection at the edge and updated its AWS workload protection strategy to incorporate Zero Trust principles.
  • Akamai updated its technical and organizational measures to include Delivery services and added Noname API Security Services.
  • Akamai has rebranded its ESG initiatives under 'Corporate Responsibility,' emphasizing renewable energy projects, community engagement, and inclusion, while maintaining its position in the FTSE4Good Index for 10 consecutive years.

👔 Akamai CEO, Management and Leadership Team


⚔️ Akamai Alternatives and Competitors

  • Amazon Web Services (AWS)
  • |
  • Cloudflare
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  • Fastly
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  • Edgio
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  • Microsoft
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  • Google
  • |
  • Imperva
  • |
  • Lumen
  • |
  • StackPath
  • |
  • Meriplex
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  • Level3
  • |
  • Limelight
  • |
  • CDNetworks
  • |
  • Amazon CloudFront
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  • Azure CDN
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  • AWS WAF
  • |
  • Cisco Umbrella
  • |
  • Azure Front Door
  • |
  • NGINX
  • |
  • AppTrana
  • |
  • Incapsula
  • |
  • MaxCDN

Monitor your competitors, key accounts, or your own company with RivalSense AI


💼 Akamai Hiring and Layoffs

  • Wallace Sann has left Akamai as Senior Director Solutions Engineering & Customer Success to join Expel as Global Vice President of Sales Engineering in the United States.
  • Dean Houari has left Akamai as the Director of Security Technology and Strategy - APJ in the Greater Tokyo Area to join Apple as a Senior Engineering Program Manager, AI/ML MLPT.
  • Rob Yoegel has left Akamai as Director, Global Cloud and Product-Led Growth (PLG) Marketing in the United States to join Kleer as Director of Growth Marketing.
  • Jason T. has joined Akamai as a Principal in the Washington DC-Baltimore Area, previously serving as Managing Principal, AWS Professional Services at Amazon Web Services (AWS).
  • Bharath Srinivas has joined Akamai as an Incident Manager in India, previously serving as an Operations Manager at HCLTech.

  • Kamil Awid has left Akamai as a Senior Engineering Manager in Canada to join BenchSci as an Engineering Manager.
  • Fran has returned to Akamai after a short break.
  • Sparsha B M has joined Akamai as a Senior Software Engineer in India, previously working as a Software Engineer 2 at Cadence Design Systems.

🤖 Akamai Developer, Integration and Automation News

  • Akamai has partnered with Ping Identity to enhance its identity security solutions using the PingOne Platform, offering features like multi-factor authentication and single sign-on.
  • Akamai partners with AlgoSec to provide end-to-end policy automation for network and security management.
  • Microsoft is transitioning its CDN services to Akamai and Azure Front Door due to Edgio's Chapter 11 bankruptcy.
  • SharePlay migrated from AWS to Akamai, achieving high performance and low latency while reducing costs.
  • Akamai is a customer of Markmonitor, which handles domain registration to prevent typosquatting.

  • TikTok has switched its US traffic from ByteDance's CDN to third-party CDNs including Akamai and Fastly.
  • Akamai's Linode helped a client save $3,000 per month by migrating their Rails application from AWS.
  • Capella Systems is using Akamai Connected Cloud for its transcoding and live encoding products.

📈 Akamai Financials, Fundraising and Valuation News

  • Akamai is set to announce its fourth-quarter results on February 20, with analysts expecting a non-GAAP profit of $1.01 per share, down 14.4% from the previous year.
  • Akamai has been a leading player in the acquisition spree of Israeli cyber startups, signing some of the highest checks in recent years.
  • Akamai acquired Noname API Security earlier this year.
  • Analyst Amit Daryanani of Evercore ISI maintained a Buy rating on Akamai with a $110 price target, citing the strategic acquisition of Edgio assets expected to boost revenue by $80-$100 million in CY25.
  • On December 13, 2024, Akamai completed the acquisition of select assets from Edgio, including customer contracts and patent rights, following Edgio's bankruptcy auction.

  • Akamai CIO Kate Prouty stated that the company's spending has grown to hundreds of millions of dollars.

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