May 11 2023
Jan 4 2023
With almost $400M in total funding to date, we’re accelerating the growth of our edge infrastructure and edge computing technology. And we’re not doing it alone. While Abry Partners was our first/Series A funder in 2016, we’re excited to share that Juniper Networks and Cox Communications are also believers and investors in StackPath.
Why are we doubling down on getting to the Edge? Before I get into the specifics of the partnerships, let’s take a step back to discuss why StackPath exists in the first place.
We are in the midst of a huge transformation of the internet. With the explosive increase of IoT devices, accelerated demand of OTT video, the increase in low latency gaming use cases, and, perhaps most importantly, 5G, the needs of internet infrastructure are evolving rapidly and the ability to run distributed workloads that are optimized for the Edge will be critical.
Gartner Research predicts that by the end of 2021 more than 50% of large enterprises will have deployed at least one edge computing use case to support IoT or immersive experiences, versus less than 5% in 2019. And in the next few years, more than three billion new customers are expected to enter the commercial life cycle for the first time.
Fortunately, we saw this shift coming. And StackPath, the world’s first platform providing compute and services at the edge, was created for this very reason. We deliver real edge computing products including virtual machines (VMs), containers and storage, as well as edge services such as content delivery network (CDN), web application firewall (WAF), managed DNS, and service monitoring—all with a unified, API-first design.
Plus, all StackPath services are in internet exchanges that are closer to our customers’ end users or, as we like to say, closer to the eyeballs. This means giving customers the ability to run latency- and bandwidth-sensitive workloads closer to their customers, which, in some cases, can be an order of magnitude faster than running in centralized public clouds.
But this is just the beginning. While being in internet exchanges is the first step to getting closer to end users, we are actively working on our next phase of development which includes deploying infrastructure within service provider environments. Having a platform that can run our edge services that drive multi-terabits of traffic daily, while being able to spin up raw compute resources deep within a service provider footprint, will allow us to provide the lowest latency and highest bandwidth capabilities in the industry.
This will power next generation use cases like low latency connectivity for 5G to support autonomous cars and drone networks, as well as provide enhancements to existing use cases including:
As Kevin Hutchins, Vice President of Strategy and Corporate Development for Juniper said in our press release, “StackPath is one of the only companies that has a scalable, high-performance edge cloud already running in the market with mission-critical customer workloads. Edge computing and edge cloud functionality are critical as enterprises, service providers and cloud providers transform in the cloud era.”
So at StackPath we’re already on a mission to take users to the Edge. And as I mentioned above, having Juniper and Cox on board will help us get there faster. We’re a long time Juniper customer—they have powered our highly scalable backbone—and Juniper is a StackPath customer, using our platform to deliver their products to customers at the highest possible speeds. They also understand the pain points and challenges of Service Providers and are enabling StackPath to meet their needs. Similarly, we’ve been partnering with Cox to bring our products to Cox customers by deploying our platform within Cox’s network.
While we’ve been delivering services for a few years now publicly, with their support and our platform capabilities, we’ll be able to accelerate product development, engineering, and our go-to-market efforts for the next phase of the Edge.
Together, we’ll make the internet faster and safer today, and create the Edge that tomorrow’s internet needs.