PacketFabric Overview
- Year Founded
-
2015
- Status
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Acquired/Merged
- Employees
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63
- Latest Deal Type
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Debt
- Latest Deal Amount
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$10M
PacketFabric General Information
Description
Developer of a network connectivity platform designed for on-demand, secure, and scalable data transport across cloud and data center environments. The company's platform offers automated provisioning via a self-service portal and API, supports high-capacity connections, integrates with major cloud providers, enables rapid deployment of virtual circuits, and provides real-time network performance monitoring, enabling enterprises to efficiently manage and scale their network infrastructure.
Contact Information
Website
www.packetfabric.com(Operating Subsidiary)
Corporate Office
- 9920 Jefferson Boulevard
- Culver City, CA 90232
- United States
Corporate Office
- 9920 Jefferson Boulevard
- Culver City, CA 90232
- United States
PacketFabric Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Debt - General | $10M | Completed | Generating Revenue | |||
| 8. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 7. Later Stage VC | 17-Apr-2023 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B3) | 13-Nov-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B2) | 20-Oct-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B1) | 23-Jul-2020 | Completed | Generating Revenue | |||
| 3. Merger/Acquisition | 27-Aug-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 18-Jan-2018 | $25M | $25M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 01-Jan-2015 | Completed | Startup |
PacketFabric Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B3 | ||||||||
| Series B2 | ||||||||
| Series B1 | ||||||||
| Series B | 225,000,000 | $0.001000 | 5% | $0.11 | $0.11 | 1x | $0.11 | 24.52% |
| Series A | 171,000,000 | $0.001000 | 5% | $0.11 | $0.11 | 1x | $0.11 | 18.63% |
PacketFabric Comparisons
Industry
Financing
Details
PacketFabric Competitors (71)
One of PacketFabric’s 71 competitors is Nectar Services, a Private Equity-Backed company based in Jericho, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nectar Services | Private Equity-Backed | Jericho, NY | ||||
| VMware | Formerly VC-backed | Palo Alto, CA | ||||
| Versa Networks | Venture Capital-Backed | Santa Clara, CA | ||||
| Zenlayer | Venture Capital-Backed | Diamond Bar, CA | ||||
| Cloud Software Group | Private Equity-Backed | Fort Lauderdale, FL |
PacketFabric Patents
PacketFabric Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230370526-A1 | Intent signaling over internet protocol version 6 (ipv6) address | Active | 10-May-2022 | ||
| US-12381955-B2 | Signaling intent to establish connections between autonomous systems | Active | 10-May-2022 | ||
| US-20250330523-A1 | Signaling intent to establish connections between autonomous systems | Pending | 10-May-2022 | ||
| US-20230163974-A1 | Systems and methods for message authentication using efficient signatures and secret sharing | Pending | 19-Nov-2021 | ||
| AU-2017330473-A1 | Virtual circuits in cloud networks | Active | 26-Sep-2016 | H04L41/5041 |
PacketFabric Signals
PacketFabric Former Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Exponential by Cox Enterprises | Venture Capital | Minority | ||
| NantWorks | VC-Backed Company | Minority |
PacketFabric Acquisitions (1)
PacketFabric’s most recent deal was a Merger/Acquisition with RStor. The deal was made on 04-Oct-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| RStor | 04-Oct-2021 | Merger/Acquisition | Systems and Information Management |
PacketFabric FAQs
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When was PacketFabric founded?
PacketFabric was founded in 2015.
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Where is PacketFabric headquartered?
PacketFabric is headquartered in Culver City, CA.
-
What is the size of PacketFabric?
PacketFabric has 63 total employees.
-
What industry is PacketFabric in?
PacketFabric’s primary industry is Business/Productivity Software.
-
Is PacketFabric a private or public company?
PacketFabric is a Private company.
-
What is PacketFabric’s current revenue?
The current revenue for PacketFabric is .
-
How much funding has PacketFabric raised over time?
PacketFabric has raised $408M.
-
Who are PacketFabric’s investors?
Exponential by Cox Enterprises and NantWorks have invested in PacketFabric.
-
Who are PacketFabric’s competitors?
Nectar Services, VMware, Versa Networks, Zenlayer, and Cloud Software Group are some of the 71 competitors of PacketFabric.
-
Who acquired PacketFabric?
PacketFabric was acquired by Digital Alpha Advisors.
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