Packet Overview

  • Year Founded
  • 2014

Year 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
Corporate Office
  • 30 Vesey Street
  • 9th Floor
  • New York, NY 10007
  • United States
Primary Industry
Network Management Software
Other Industries
Operating Systems Software
Systems and Information Management
Acquirer
Equinix
Corporate 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
000.00
00000 0000-00-00
000000&0 000.00

00000

n ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor
00000000000000000000
West Palm Beach, FL
00 As of 0000

000000

it in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sin
0000000 000 00000000
Helsinki, Finland
000 As of 0000
00.000
00000000000 00.000
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Packet Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Vultr Corporation West Palm Beach, FL 00
UpCloud Venture Capital-Backed Helsinki, Finland 000 00.000 00000000000 00.000
Frame Platform Private Equity-Backed San Mateo, CA 00 000.00 000000000000
Amazon Web Services Corporation Seattle, WA 000000
Bear-Line Corporation Hamburg, Germany 00
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

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
Battery Ventures Growth/Expansion 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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Packet FAQs

  • When was Packet founded?

    Packet was founded in 2014.

  • Who is the founder of Packet?

    Adam Rothschild, Aaron Welch, and Jacob Smith are the founders of Packet.

  • Where is Packet headquartered?

    Packet is headquartered in New York, NY.

  • What is the size of Packet?

    Packet has 130 total employees.

  • What industry is Packet in?

    Packet’s primary industry is Network Management Software.

  • Is Packet a private or public company?

    Packet is a Private company.

  • What is the current valuation of Packet?

    The current valuation of Packet is 00000.

  • What is Packet’s current revenue?

    The current revenue for Packet is 00000.

  • How much funding has Packet raised over time?

    Packet has raised $36.1M.

  • Who are Packet’s investors?

    Battery Ventures, Blue Ant Investments, David Wadler, Dell Technologies Capital, and JA Mitsui Leasing are 5 of 8 investors who have invested in Packet.

  • Who are Packet’s competitors?

    Vultr, UpCloud, Frame Platform, Amazon Web Services, and Bear-Line are some of the 16 competitors of Packet.

  • When was Packet acquired?

    Packet was acquired on 02-Mar-2020.

  • Who acquired Packet?

    Packet was acquired by Equinix.

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