Fermyon Technologies

Fermyon Technologies, a privately owned company headquartered in the US, was founded in 2021 and operates with approximately 30 employees, reporting $2.9M in revenue as of 2023. The company specializes in building cloud computing infrastructure, pioneering a frictionless, truly serverless platform powered by WebAssembly (Wasm). Its core product is the open-source developer framework Spin, which enables developers to quickly build and deploy polyglot microservices and web applications. Fermyon's platform offers performance advantages like sub-millisecond cold start times and secure-by-default sandboxing, making it an efficient solution for cloud-native and edge computing workloads. In late 2025, Fermyon was acquired by Akamai Technologies Inc., with its technologies, such as the Fermyon Wasm Functions service, being integrated into Akamai's globally distributed cloud network.