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StackPath Launches to Build the Path to a Secure Internet

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spby Angela Guess

According to a new release out of the company, “StackPath today emerged from stealth as the Security-as-a-Service company providing a path to a more secure Internet and announced a significant investment from ABRY Partners, a $4.3 billion private equity fund focused on investing in information and business service companies. The launch marks the highly anticipated next endeavor for chairman and CEO Lance Crosby — founder and former chairman and CEO of SoftLayer Technologies (acquired by IBM in 2013 and now the foundation of IBM’s Cloud Computing division).”

The release continues, “StackPath is Crosby’s vision for a frictionless and scalable security platform specifically designed to accommodate the crushing demand of traffic on the Internet, the seemingly endless new point solutions purporting to fix the latest threat, in an ever-expanding spectrum of cyber threats. The funds are being used to drive acquisition strategy, further develop the overall infrastructure and add new services, making it a holistic security platform designed to meet the needs of businesses today.”

Lance Crosby, CEO of StackPath, commented, “The Internet is where the world does business. It may be the single most important utility supporting businesses today, yet we continue to overtax the aging infrastructure and struggle to make it secure… The StackPath platform is an integrated response to a fragmented problem created by too many individual, appliance-based, bolt-on security solutions. It’s time to give businesses Internet services that have security built in, not bolted on — so they can be reliable guardians of their most precious assets. We appreciate the support from ABRY Partners as we continue our mission of building a path to a secure Internet.”

Read more at Marketwired.

Photo credit: StackPath

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