Packet Overview

  • Founded
  • 2014
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 130
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $290M
Latest Deal Amount

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
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Network Management Software
Other Industries
Systems and Information Management
Operating Systems Software
Parent Company
Primary Office
  • 30 Vesey Street
  • 9th Floor
  • New York, NY 10007
  • United States
+1 (212) 000-0000
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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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0000000 000 00000000000 0000000000
Roubaix, France
0000 As of 0000
00000
000000000 00 00000

00000000

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0000000 000 00000000000 0000000000
New York, NY
000 As of 0000
00.000
0.000 0000-00-00
00000000 00.000
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Packet Competitors (20)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
OVHcloud Private Equity-Backed Roubaix, France 0000 00000 000000000 00 00000
000000000000 Formerly VC-backed New York, NY 000 00.000 00000000 00.000
000000 000 Private Equity-Backed Lansing, MI 000 000000000 00
00000000 00000000 Private Equity-Backed Richmond Hill, Canada 00 0000000 0000
0000000 00000000 Private Equity-Backed Chicago, IL 000 000.00 000000&0 000.00
You’re viewing 5 of 20 competitors. Get the full list »

Packet Executive Team (13)

Name Title Board Seat Contact Info
Zachary Smith Managing Director
Nathan Goulding Director, Bare Metal Architecture
Sam Machiz Director, Solutions
Adam Rothschild Co-Founder & Senior Vice President, Network
Steven Smyser Vice President, Bare Metal Finance & Commercial Solutions
You’re viewing 5 of 13 executive team members. Get the full list »

Packet Board Members (5)

Name Representing Role Since
Daniel Docter Ph.D Dell Technologies Capital Board Member 000 0000
Phil Shevrin Self Board Member 000 0000
Roman Mordkovich Packet Board Member 000 0000
You’re viewing 3 of 5 board members. Get the full list »

Packet Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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 »