Packet Overview

  • Founded

  • 2014

Founded
  • Status

  • Acquired/​Merged

  • Employees

  • 130

Employees
  • Latest Deal Type

  • M&A

  • Latest Deal Amount

  • $290M

Packet General Information

Description

Provider of a cloud hosting platform designed to automate server configurations. The company's platform automates physical servers and networks without the use of virtualization or multi-tenancy, powering over 60k deploys each month across its 18 global datacenters, as well as dozens of private and on-premise locations with a combination of flexible bare metal automation and focus on carrier-grade networking features, enabling enterprises, SaaS companies, and software innovators to deploy automated infrastructure, anywhere and on their terms.

Contact Information

Website
www.packet.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Network Management Software
Other Industries
Systems and Information Management
Operating Systems Software
Acquirer
Equinix
Primary Office
  • 30 Vesey Street
  • 9th Floor
  • New York, NY 10007
  • United States

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Packet Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 02-Mar-2020 $290M 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 11-Sep-2018 0000 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 13-Sep-2016 $9.4M $11.1M 000.00 Completed Generating Revenue
1. Seed Round 01-Dec-2014 $1.7M $1.7M 00.00 Completed Generating Revenue
To view Packet’s complete valuation and funding history, request access »

Packet Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B 00,000,000 00.000000 00.00 00.00 00 00.00 000
Series A 0,000,000 00.000000 00 00 00 00 00.000
Seed 4,079,572 $0.000000 $1200 $0.43 $0.43 1x $0.43 9.65%
To view Packet’s complete cap table history, request access »

Packet Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of a cloud hosting platform designed to automate server configurations. The company's platform automates physic
Network Management Software
New York, NY
130 As of 2020
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0000 0000-00-00
000000&0 000.00

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0000000 000 00000000
New York, NY
0000 As of 0000
00.000
00000000000 00.000

000000

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00000000000000000000
Saint Julians, Malta
000 As of 0000
0000 0000-00-00
000000&0
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Packet Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
DigitalOcean Formerly VC-backed New York, NY 0000 00.000 00000000000 00.000
000000000 Formerly VC-backed Saint Julians, Malta 000 000000&0
0000000000 Angel-Backed Zug, Switzerland 00 0000000000
0000000 00000000 Private Equity-Backed Chicago, IL 000 00.00 000000000 00.00
0000000 Venture Capital-Backed Helsinki, Finland 00 00.000 00000000000 00.000
You’re viewing 5 of 16 competitors. Get the full list »

Packet Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Packet Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Battery Ventures Venture Capital Minority 000 0000 000000 0
Blue Ant Investments Venture Capital Minority 000 0000 000000 0
David Wadler Angel (individual) Minority 000 0000 000000 0
Dell Technologies Capital Corporate Venture Capital Minority 000 0000 000000 0
JA Mitsui Leasing Corporation Minority 000 0000 000000 0
You’re viewing 5 of 8 investors. Get the full list »

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