128 Technology Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 75

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $448M

128 Technology General Information

Description

Developer of a secure networking platform designed to simplify networks and fix the internet. The company's platform provides network-based security, control, and insight across data centres, wide-area networks, and edge locations, thereby enabling businesses to reduce complexity and cost.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 200 Summit Drive
  • Suite 600
  • Burlington, MA 01803
  • United States
+1 (781)
Primary Industry
Internet Service Providers
Other Industries
Telecommunications Service Providers
Acquirer
Vertical(s)
Cybersecurity, SaaS, TMT
Corporate Office
  • 200 Summit Drive
  • Suite 600
  • Burlington, MA 01803
  • United States
+1 (781)

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128 Technology Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 30-Nov-2020 $448M Completed Generating Revenue
5. Later Stage VC (Series D) 24-Jul-2020 Completed Generating Revenue
4. Later Stage VC (Series C) 14-May-2018 Completed Generating Revenue
3. Early Stage VC (Series B) 04-Dec-2015 Completed Startup
2. Early Stage VC (Series A) 16-Dec-2014 $12M $16M Completed Startup
1. Seed Round 01-Jul-2014 $4M $4M Completed Startup
To view 128 Technology’s complete valuation and funding history, request access »

128 Technology Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D
Series C
Series B
Series A 13,392,128 $0.001000 6% $0.9 $0.9 1x $0.9 12.17%
Seed 19,250,000 $0.001000 6% $0.2 $0.2 1x $0.2 17.5%
To view 128 Technology’s complete cap table history, request access »

128 Technology Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a secure networking platform designed to simplify networks and fix the internet. The company's platform pro
Internet Service Providers
Burlington, MA
75 As of 2021

Sudbury, Canada
 

Atlanta, GA
 
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128 Technology Competitors (22)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Vianet Corporation Sudbury, Canada
EarthLink Private Equity-Backed Atlanta, GA
Alaska Communications Systems Formerly PE-Backed Anchorage, AK
Spirent Communications Corporation Crawley, United Kingdom
Ruckus Networks Formerly VC-backed Sunnyvale, CA
You’re viewing 5 of 22 competitors. Get the full list »

128 Technology Patents

128 Technology Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3965401-A1 Group routing policy for directing link-layer communication Inactive 03-Sep-2020
US-20220182319-A1 Device information method and apparatus for directing link-layer communication Active 03-Sep-2020
US-11595305-B2 Device information method and apparatus for directing link-layer communication Active 03-Sep-2020
US-20220070092-A1 Device information method and apparatus for directing link-layer communication Active 03-Sep-2020
US-11329916-B2 Device information method and apparatus for directing link-layer communication Active 03-Sep-2020 H04L45/66
To view 128 Technology’s complete patent history, request access »

128 Technology Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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128 Technology Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Broadway Angels Angel Group Minority
Ellen Levy Angel (individual) Minority
G20 Ventures Venture Capital Minority
Montlake Capital PE/Buyout Minority
PBJ Capital Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

128 Technology FAQs

  • When was 128 Technology founded?

    128 Technology was founded in 2014.

  • Where is 128 Technology headquartered?

    128 Technology is headquartered in Burlington, MA.

  • What is the size of 128 Technology?

    128 Technology has 75 total employees.

  • What industry is 128 Technology in?

    128 Technology’s primary industry is Internet Service Providers.

  • Is 128 Technology a private or public company?

    128 Technology is a Private company.

  • What is the current valuation of 128 Technology?

    The current valuation of 128 Technology is .

  • What is 128 Technology’s current revenue?

    The current revenue for 128 Technology is .

  • How much funding has 128 Technology raised over time?

    128 Technology has raised $117M.

  • Who are 128 Technology’s investors?

    Broadway Angels, Ellen Levy, G20 Ventures, Montlake Capital, and PBJ Capital are 5 of 6 investors who have invested in 128 Technology.

  • Who are 128 Technology’s competitors?

    Vianet, EarthLink, Alaska Communications Systems, Spirent Communications, and Ruckus Networks are some of the 22 competitors of 128 Technology.

  • When was 128 Technology acquired?

    128 Technology was acquired on 30-Nov-2020.

  • Who acquired 128 Technology?

    128 Technology was acquired by Juniper Networks.

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