PacketExchange Overview

  • Year Founded
  • 2001

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 35

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $28.7M

PacketExchange General Information

Description

Provider of internet services. The company provides transactional services platform leverages a global private layer-2 MPLS/VPLS and layer-3 IP network to offer an alternative to public internet.

Contact Information

Website
packetexchange.net
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 11A Curtain Road
  • London EC2A 3LT
  • England, United Kingdom
+44 020
Primary Industry
Internet Service Providers
Other Industries
Other IT Services
Acquirer
GTT Communications
Vertical(s)
TMT
Corporate Office
  • 11A Curtain Road
  • London EC2A 3LT
  • England, United Kingdom
+44 020

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PacketExchange Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 06-Jun-2011 $28.7M Completed Generating Revenue
8. Debt - General Completed Generating Revenue
7. Later Stage VC (Series B) 06-Feb-2008 Completed Generating Revenue
6. Secondary Transaction - Private 01-Mar-2006 Completed Startup
5. Later Stage VC (Series C) 13-Apr-2005 Completed Startup
4. Early Stage VC (Series B) 01-Jan-2005 Completed Startup
3. Early Stage VC 16-Nov-2004 Completed Startup
2. Merger/Acquisition 31-Aug-2001 $734K Completed Startup
1. Seed Round 01-Aug-2001 Completed Startup
To view PacketExchange’s complete valuation and funding history, request access »

PacketExchange Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

PacketExchange Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-7729291-B2 System and method for reducing traffic in a wide area ethernet network Inactive 19-Oct-2007

PacketExchange Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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PacketExchange Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Cazenove Private Equity Venture Capital Minority
GMT Communications Partners PE/Buyout Minority
GPX Enterprises PE/Buyout Minority
Halifax Bank Corporation Minority
Keytech Corporation Majority
You’re viewing 5 of 8 investors. Get the full list »

PacketExchange Acquisitions (1)

PacketExchange’s most recent deal was a Merger/Acquisition with Mzima Networks. The deal was made on 18-Jan-2010.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Mzima Networks 18-Jan-2010 Merger/Acquisition Internet Service Providers
To view PacketExchange’s complete acquisitions history, request access »

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PacketExchange FAQs

  • When was PacketExchange founded?

    PacketExchange was founded in 2001.

  • Where is PacketExchange headquartered?

    PacketExchange is headquartered in London, United Kingdom.

  • What is the size of PacketExchange?

    PacketExchange has 35 total employees.

  • What industry is PacketExchange in?

    PacketExchange’s primary industry is Internet Service Providers.

  • Is PacketExchange a private or public company?

    PacketExchange is a Private company.

  • What is the current valuation of PacketExchange?

    The current valuation of PacketExchange is .

  • What is PacketExchange’s current revenue?

    The current revenue for PacketExchange is .

  • How much funding has PacketExchange raised over time?

    PacketExchange has raised $22.7M.

  • Who are PacketExchange’s investors?

    Cazenove Private Equity, GMT Communications Partners, GPX Enterprises, Halifax Bank, and Keytech are 5 of 8 investors who have invested in PacketExchange.

  • When was PacketExchange acquired?

    PacketExchange was acquired on 06-Jun-2011.

  • Who acquired PacketExchange?

    PacketExchange was acquired by GTT Communications.

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