StackPath chairman and CEO Lance Crosby. (Photo Credit: StackPath.)
StackPath chairman and CEO Lance Crosby. (Photo Credit: StackPath.)

The major cloud services are busy beefing up their security services, but as cloud use increases, they’re not alone in offering nervous organizations protection from the roughly 400 million malware attacks that IDC identified last year alone.

Dallas-based StackPath, whose recent acquisitions include Seattle-based Cloak, today announced a “significant investment” from ABRY Partners to offer what it calls frictionless, scalable security for the internet. TechCrunch puts the investment at $180 million. (Update: The company declined to comment on the size of the investment.)

StackPath chairman and CEO Lance Crosby is the founder and former chairman and CEO of SoftLayer Technologies, which was acquired by IBM in 2013 and is now a foundation of IBM’s cloud computing division. The company said its new offering “will collate and leverage information that each service gathers via a machine-learning engine that becomes smarter and more threat-aware with each recorded event.”

Though young, StackPath has already made several acquisitions. In addition to Cloak, a virtual private network firm that provides secure WiFi connections for Mac and iOS devices, the company’s acquisitions include MaxCDN, a Los Angeles-based content-delivery network company; and Fireblade, an Israeli company with patented cloud-based web-application firewall technology.

“The Internet is where the world does business,” Crosby said in the statement. “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.”

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