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128 Technology

128 Technology
2014 FOUNDED
PRIVATE STATUS
91-100 EMPLOYEES
Series D LATEST DEAL TYPE
$30M LATEST DEAL AMOUNT
2 INVESTORS
Description

Developer of an advanced secure networking platform designed to simplify networks and fix the Internet. The company's platform provides network-based security, control and insight across data centers, wide-area networks and edge locations for enterprises, service providers and cloud companies alike, enabling businesses to reduce complexity and cost.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Network Management Software
Other Industries
Internet Software
Primary Office
  • 200 Summit Drive
  • Suite 600
  • Burlington, MA 01803
  • United States

+1 (781) 000-0000
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128 Technology Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series D) 12-Sep-2019 $30M 00000 00000 Completed Generating Revenue
5. Later Stage VC (Series C) 14-May-2018 000.00 00000 00000 Completed Generating Revenue
4. Early Stage VC 21-Jun-2016 0000 0000 Completed Startup
3. Early Stage VC (Series B) 04-Dec-2015 0000 0000 0000 Completed Startup
2. Early Stage VC 16-Dec-2014 $12M $16M 000.00 Completed Startup
1. Seed Round 01-Jul-2014 $4M $4M 000 Completed Startup
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128 Technology Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series D 00,000,000 00.000000 00 00 00 00 00 00.000
Series C 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series B 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
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%
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128 Technology Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cloudflare Formerly VC-backed San Francisco, CA 0000 00000 00000000 00000
000000000 Private Equity-Backed Massy, France 000 000.00 000000000000 000.00
0000000 00000000 Venture Capital-Backed Mississauga, Canada 00 0000000000 0
00000 Venture Capital-Backed San Francisco, CA 00 00.000 00000000000 00.000
000000000 Venture Capital-Backed Mountain View, CA 00 000.00 00000000000 000.00
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128 Technology Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
The Perkins Fund Venture Capital Minority 000 0000 000000 0
G20 Ventures Venture Capital Minority 000 0000 000000 0

128 Technology Executive Team (12)

Name Title Board
Seat
Contact
Info
Andrew Ory Co-Founder, President, Chief Executive Officer & Board Member
Patrick MeLampy Co-Founder, Chief Operating Officer & Board Member
Christina Mendonca Corporate Controller
Robert Penfield Co-Founder & Chief Architect
Michael Baj Co-Founder, Board Member & Vice President, Engineering

2 Former Executives

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128 Technology Board Members (4)

Name Representing Role Since Contact
Info
Andrew Ory 128 Technology Co-Founder, President, Chief Executive Officer & Board Member 000 0000
Patrick MeLampy 128 Technology Co-Founder, Chief Operating Officer & Board Member 000 0000
Robert Hower G20 Ventures Board Member 000 0000
Sonja Perkins Self Board Member 000 0000