128 Technology Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Employees
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75
- Latest Deal Type
-
M&A
- Latest Deal Amount
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$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
Website
www.128technology.comCorporate Office
- 200 Summit Drive
- Suite 600
- Burlington, MA 01803
- United States
Corporate Office
- 200 Summit Drive
- Suite 600
- Burlington, MA 01803
- United States
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 |
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% |
128 Technology Comparisons
Industry
Financing
Details
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 |
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 |
128 Technology Signals
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 |
128 Technology FAQs
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When was 128 Technology founded?
128 Technology was founded in 2014.
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Where is 128 Technology headquartered?
128 Technology is headquartered in Burlington, MA.
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What is the size of 128 Technology?
128 Technology has 75 total employees.
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What industry is 128 Technology in?
128 Technology’s primary industry is Internet Service Providers.
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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.
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Who acquired 128 Technology?
128 Technology was acquired by Juniper Networks.
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