StackPath, LLC, a Dallas, TX-based edge computing company, received a new Series B funding which brought the equity raised to date to $396m.
The investments were made by Juniper Networks, Inc. (NYSE: JNPR) and Cox Communications Inc. Kevin Hutchins, Senior Vice President, Strategy and Corporate Development for Juniper Networks, and Sujata Gosalia, Executive Vice President and Chief Strategy Officer for Cox Communications, have joined StackPath’s board of directors. The total included an earlier Series A round led by Abry Partners.
The company intends to use the funds to accelerate the growth product development, engineering and go-to-market activities.
Led by Wen Temitim, Chief Technology Officer, and Lance Crosby CEO, Chairman, StackPath is a platform of secure edge services that enables developers to protect, accelerate, and innovate cloud properties ranging from websites to media delivery and IoT services. With an innovative global edge network infrastructure, the company delivers enterprise-grade security and performance in an on-demand platform with cloud-scale control and flexibility. Emerging from stealth in 2016, StackPath has already built a diverse customer base that includes Fortune 500 enterprises, as well as individual developers in industries ranging from digital media and digital gaming to advertising technology, software development and e-commerce.
FinSMEs
18/03/2020