Peribit Networks Overview

  • Year Founded
  • 2000

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $337M

  • Investors
  • 1

Peribit Networks General Information

Description

Developer of bandwidth optimization products that help to improve network performance. The company's Molecular Sequence Reduction (MSR) technology is the networking application of the repetitive sequence analysis techniques used to examine DNA sequences in computational molecular biology. By using Peribit Sequence Reduction (SR) products, the company has discovered that between 70% and 90% of WAN capacity is littered with useless, repetitive data and eliminate this redundant data and thereby instantly increasing network capacity over existing network infrastructures.

Contact Information

Website
www.peribit.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 2855 Bowers Avenue
  • Santa Clara, CA 95051
  • United States
+1 (408)
Primary Industry
Network Management Software
Other Industries
Enterprise Systems (Healthcare)
Other Software
Acquirer
Juniper Networks
Vertical(s)
TMT, Life Sciences
Corporate Office
  • 2855 Bowers Avenue
  • Santa Clara, CA 95051
  • United States
+1 (408)

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Peribit Networks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 26-Apr-2005 $337M Completed Generating Revenue
4. Later Stage VC (Series D) 10-May-2004 Completed Generating Revenue
3. Later Stage VC (Series C) 29-Nov-2002 Completed Generating Revenue
2. Early Stage VC 01-Jan-2001 $10.4M $10.4M Completed Generating Revenue
1. Early Stage VC 01-Jun-2000 Completed Generating Revenue
To view Peribit Networks’s complete valuation and funding history, request access »

Peribit Networks Patents

  • 5

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Peribit Networks Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2002323364-A1 Dynamic multi-point meshed overlay network Inactive 24-Aug-2001
AU-2001277914-B2 Incremental and continuous data compression Inactive 25-Jul-2000
AU-7791401-A System and method for incremental and continuous data compression Pending 25-Jul-2000
AU-2001280818-A1 Network architecture and methods for transparent on-line cross-sessional encoding and transport of network communications data Inactive 25-Jul-2000
AU-2001277914-A1 Incremental and continuous data compression Active 25-Jul-2000
To view Peribit Networks’s complete patent history, request access »

Peribit Networks Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Accel Venture Capital Minority
Cheyenne Partners Venture Capital Minority
Foundation Capital Venture Capital Minority
Harmony Partners Venture Capital Minority
Lauder Partners Family Office Minority
You’re viewing 5 of 9 investors. Get the full list »

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Peribit Networks FAQs

  • When was Peribit Networks founded?

    Peribit Networks was founded in 2000.

  • Where is Peribit Networks headquartered?

    Peribit Networks is headquartered in Santa Clara, CA.

  • What industry is Peribit Networks in?

    Peribit Networks’s primary industry is Network Management Software.

  • Is Peribit Networks a private or public company?

    Peribit Networks is a Private company.

  • What is the current valuation of Peribit Networks?

    The current valuation of Peribit Networks is .

  • What is Peribit Networks’s current revenue?

    The current revenue for Peribit Networks is .

  • How much funding has Peribit Networks raised over time?

    Peribit Networks has raised $42M.

  • Who are Peribit Networks’s investors?

    Accel, Cheyenne Partners, Foundation Capital, Harmony Partners, and Lauder Partners are 5 of 9 investors who have invested in Peribit Networks.

  • When was Peribit Networks acquired?

    Peribit Networks was acquired on 26-Apr-2005.

  • Who acquired Peribit Networks?

    Peribit Networks was acquired by Juniper Networks.

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