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- STACKPATH
STACKPATH Funding, Investors & Competitors
STACKPATH has raised $396M across 2 funding rounds, most recently a $216M Series B in March 2020.
Last STACKPATH funding round
$216M
Series B · Mar 2020
Cumulative funding STACKPATH raised
$396M
across 2 funding rounds
Key investors in STACKPATH
ABRY Partners
Juniper Networks
David Mytton
Sweetwater Capital Partners
Cox Communications
About STACKPATH
StackPath is an edge computing platform deploying infrastructure closer to data sources in high-density markets worldwide. It offers Edge Compute with virtual machines and containers, Edge Delivery via CDN and serverless scripting, and Edge Security including WAF, all managed through a unified global network. Fortune 50 enterprises and startups depend on it for low-latency workloads. Founded in 2015, the Dallas-headquartered company operates data centers across North America, Europe, and Asia.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based, Subscription
STACKPATH Funding History
STACKPATH has raised a total of $396M across 2 funding rounds.
STACKPATH's first fundraising round was a $180M Series A in July 2016. The most recent completed round was a $216M Series B in March 2020.
STACKPATH funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2020 | Series B | Cox Communications (lead); Juniper Networks (lead); Sweetwater Capital Partners; David Mytton | $216M | StackPath is an edge computing platform provider offering services like CDN, WAF, virtual machines, and containers, positioned closer to end-users for lower latency workloads in industries such as digital media, gaming, advertising, e-commerce, and serving Fortune 500 enterprises and developers. The company emerged from stealth in 2016, founded in 2015 and headquartered in Dallas, Texas. On March 17, 2020, StackPath closed a Series B funding round of $216 million led by Cox Communications and Juniper Networks, bringing total equity funding to $396 million including a prior $180 million Series A led by Abry Partners in 2016. Investors including Sweetwater Capital Partners and David Mytton participated alongside the leads. Juniper and Cox also became customers, with Juniper running networking and security services globally on the platform and Cox deploying it within their footprint to offer edge services. The funding aims to accelerate product development, engineering expansion, go-to-market activities, and platform deployments amid growing demand from service providers and enterprises. Kevin Hutchins from Juniper and Sujata Gosalia from Cox joined the board. StackPath positions itself as a neutral 'Switzerland-like' platform for edge compute up to 2.6x faster than core public clouds. The company was later acquired by Gcore on March 7, 2024. |
| Jul 2016 | Series A | ABRY Partners (lead) | $180M | StackPath, founded by former SoftLayer CEO Lance Crosby, emerged from stealth in July 2016 as an intelligent web services platform focused on security, speed, and scale for enterprise applications. The company provides unified security solutions leveraging collaborative intelligence to detect threats and improve customer experience, targeting businesses shifting to pay-as-you-go IT services over hardware-based contracts. At launch, StackPath acquired four companies—MaxCDN (16,000 customers), Fireblade, Cloak (15,000 customers), and Staminus—to build its network, content delivery, traffic management, VPN, and DDoS mitigation capabilities, bringing over 30,000 customers including Fortune 100 firms and startups. On July 25, 2016, StackPath raised $180 million in a mega Series A round, with $150 million led by ABRY Partners and $30 million from unnamed insiders. The funding, one of the largest for a private cybersecurity firm at the time, supports acquisition strategy, infrastructure development, and new service launches amid a fragmented security market reliant on bolt-on appliances. Key executives included COO Andrew Higginbotham (ex-CenturyLink) and CFO Kim Sheehy (ex-CyrusOne). Financial terms including valuation were not disclosed. StackPath positioned itself against numerous security startups using AI or novel techniques, emphasizing built-in security for cloud-based apps. The round exceeded combined DFW-area VC funding for prior quarters. A later 2020 Series B of $216 million from Juniper Networks and Cox Communications funded further product development in edge computing and cloud services. |
Who has invested in STACKPATH?
5 investors have backed STACKPATH across its funding rounds, including ABRY Partners, Juniper Networks, David Mytton, Sweetwater Capital Partners and Cox Communications.
Lead investors include Cox Communications, Juniper Networks and ABRY Partners.
STACKPATH Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Mar 2020 | ||
| 1 | Lead | Mar 2020 | ||
| 1 | Lead | Mar 2020 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by STACKPATH
STACKPATH has acquired 6 companies to date.
Last acquisition by STACKPATH was on May 14th 2018. STACKPATH acquired Server Density for undisclosed valuation.
Latest Acquisitions by STACKPATH
| Description | Server Density is a London-based SaaS platform for infrastructure monitoring across cloud and on-premises environments. The service integrates with AWS, Google Cloud, and Rackspace to track metrics like CPU usage, disk I/O, and network traffic via a unified dashboard, API, and mobile apps. Launched in 2009, it supports Linux, Windows, OS X, and FreeBSD with automated alerts through email, SMS, PagerDuty, and webhooks. | Highwinds is a content delivery network headquartered in Florida since 2002. It offers IP transit, content replication, and acceleration software for media companies worldwide. The platform supports high-interactivity streaming with advanced routing and distributed file systems. | FireBlade is a Tel Aviv-based cybersecurity firm offering website protection through behavioral analysis, risk assessment, and global reputation engines. Its platform detects and blocks threats including scraping, hacking, spamming, and DDoS attacks while remaining invisible to legitimate users. Deployed on major e-commerce and media sites, FireBlade processes billions of monthly page views for clients handling high-traffic volumes. Launched in 2009, the solution evolved from anti-scraping tools to comprehensive traffic control, enhancing site performance and security. | MaxCDN is a Los Angeles-launched content delivery network founded in 2009 that accelerates website performance for static and dynamic content via global edge servers. The service powers platforms for clients including Garmin in navigation devices, Kodak in imaging, UK2 Group in hosting, and Kixeye in gaming. MaxCDN integrates with technologies like WordPress, Magento, and AWS, offering features such as image optimization and real-time analytics. Acquired by StackPath in 2017, it supports over 30 data centers worldwide for low-latency delivery. | |
| HQ Country | |||||
| HQ City | London | Orlando, FL | Tel Aviv | Los Angeles, CA | |
| Deal Date | 14 May 2018 | 4 Feb 2017 | 25 Jul 2016 | 25 Jul 2016 | |
| Valuation | undisclosed | undisclosed | $20M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all STACKPATH acquisitions and their M&A valuation multiples. Start Free Trial | |||||
STACKPATH Competitors
STACKPATH competitors include listed companies like Oracle, NetApp, DCI Indonesia and Oracle Corp Japan, and private ones like Nscale and Yotta Infrastructure.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $67B | $33B | $455B | 7.8x | ||
| Publicly listed | $6.9B | $1.8B | $39B | 5.1x | ||
| Publicly listed | $143M | $87M | $26B | - | ||
| Private | $33M | - | $15B | 442.4x | ||
| Publicly listed | $1.8B | $589M | $7.7B | 3.9x | ||
| Private | - | - | $4.4B | - |
STACKPATH Public Comps
STACKPATH is still privately-owned, but its public comps include Alphabet, Microsoft, Amazon, Oracle, Cisco, Dell, Alibaba Group, Arista Networks, IBM and ServiceNow.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $403B | $176B | 10.2x | 8.7x | 23.3x | 19.0x | |||
| $332B | $205B | 11.1x | 10.7x | 18.0x | 17.5x | |||
| $717B | $161B | 3.9x | 3.5x | 17.5x | 13.8x | |||
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $63B | $19B | 7.1x | 6.9x | 23.4x | 17.9x | |||
| $114B | $12B | 3.5x | 2.4x | 34.3x | 20.1x | |||
| $153B | $15B | 1.7x | 1.6x | 17.5x | 13.0x | |||
| $9B | $3.9B | 26.5x | 20.5x | 60.5x | 41.7x | |||
This data is available for Pro users. Sign up to see all STACKPATH competitors and their valuation data. Start Free Trial | ||||||||
Common questions about STACKPATH
| When was STACKPATH founded? | STACKPATH was founded in 2015. |
| Where is STACKPATH headquartered? | STACKPATH is headquartered in Dallas, TX, United States. |
| Is STACKPATH publicly listed? | No, STACKPATH is a private, VC-backed company. |
| How much funding has STACKPATH raised? | STACKPATH has raised $396M across 2 funding rounds. |
| What was STACKPATH's last funding round? | STACKPATH's last funding round was a $216M Series B in March 2020, led by Cox Communications and Juniper Networks. |
| Who are STACKPATH's investors? | STACKPATH's investors include Sweetwater Capital Partners, Juniper Networks, Cox Communications, ABRY Partners and David Mytton. |
| Which companies are comparable to STACKPATH? | Companies comparable to STACKPATH include Oracle, NetApp, DCI Indonesia, Nscale, Oracle Corp Japan and Yotta Infrastructure. |
| How many companies has STACKPATH acquired? | STACKPATH has acquired 6 companies, including Server Density, Highwinds, FireBlade, MaxCDN and Staminus. |
| What was the largest acquisition by STACKPATH? | The $111M acquisition of Staminus in July 2016 is the largest acquisition STACKPATH has made to date. |
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