StackPath, the emerging leader in edge computing, on Tuesday announced that Juniper Networks and Cox Communications have led a Series B round of equity financing for the company.
This brings the total amount of equity raised by StackPath to $396 million, including an earlier Series A round led by Abry Partners. The additional capital will accelerate the growth of StackPath’s product development, engineering and go-to-market activities.
While buzz around edge computing has grown rapidly, actual solutions have been slower to materialize. But StackPath currently delivers real edge compute products including virtual machines (VMs), containers and serverless, as well as edge services products such as content delivery network (CDN), web application firewall (WAF), managed DNS, service monitoring and DDoS protection.
Wen Temitim, CTO, StackPath
We’ve laid the technology and operational foundation for StackPath to be the default edge-computing platform. Juniper and Cox join us at the beginning of the next phase of our strategy—which is to deliver more on our foundation and move it even closer to end users and devices.