U.S. cyber security startup StackPath raises $150 million, says CEO

By Heather Somerville and Jim Finkle SAN FRANCISCO (Reuters) – Texas-based StackPath has raised $150 million in fresh funding from private equity firm ABRY Partners, the CEO of the cyber security startup said on Monday, in what is among the largest single financing rounds for a private cyber security firm. Chief Executive Officer Lance Crosby told Reuters StackPath is a security platform that houses a suite of services to tackle a spectrum of cyber threats. The company has spent “tens of millions of dollars” to acquire several companies that provide different types of cloud security services for businesses, Crosby said.

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