About 128 Technology
128 Technology is a Technology company based in Burlington (United States) founded in 2014 by Michael Baj and Patrick Timmons, and was acquired by Juniper Networks in October 2020. It operates as a cloud-based platform for distributed routing and network services is provided. It operates in the Technology and Telecommunications sectors. 128 Technology has raised $112.69 million across 5 funding rounds from investors including Juniper Networks, G20 Ventures and The Perkins Fund. Its focus areas include Enterprise Infrastructure, Enterprise Networking, Network Software and Routing Software. Its legal entity is 128 TECHNOLOGY INC. Its competitors include DriveNets, Megaport, Isovalent, Rtbrick and Novell and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
128 Technology was founded in 2014 in Burlington, United States, within the cloud networking sector. A platform is offered for distributed routing and network services, enabling delivery of applications across multiple networks. Virtual networking overlays are supported, along with zero-trust security and consolidation of standalone services. Operations focus on use cases such as next-generation WAN, data center interconnects, and network-as-a-service models. Clients served include CMC Networks, Revation, and RedVine.
- Headquarters Burlington, United States
- Founders Michael Baj, Patrick Timmons
- SectorsTechnologyTelecommunications
- Email••••••••
- Phone•••• ••••
- Website 128technology.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Juniper Networks (Oct 2020)
- Legal Name 128 Technology Inc
- Total Equity Funding$112.69M (USD)
in 5 rounds
- Latest Funding Round$20M (USD), Series D
Jul 2020
- InvestorsJuniper Networks
& 2 more
- Acquired byJuniper Networks
(Oct 2020)
Apps and channels of 128 Technology
its YouTube channel HPE Juniper Networking has 46K subscribers and 30 videos.
Videos from 128 Technology
The most watched videos on 128 Technology's YouTube channel, HPE Juniper Networking (46K subscribers). Click a video to play it here.
More on HPE Juniper Networking.
Funding Insights of 128 Technology
128 Technology has successfully raised a total of $112.69M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $112.69M
- Total Rounds 5
- Last Round Series D — $20M
- First Round $12M
(Dec 2014)
- Investors Count 2
All 5 funding rounds of 128 Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2020 | $20M | Series D | – | – | – |
| Sep 2019 | $30M | Series D | – | The Perkins Fund | |
| May 2018 | $30.69M | Series C | – | G20 Ventures | – |
| Dec 2015 | $20M | Series B | – | – | – |
| Dec 2014 | $12M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in 128 Technology
128 Technology has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Juniper Networks, G20 Ventures and The Perkins Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in technology sectors by G20 Ventures. | – | g20vc.com | Boston, United States | |
Early-stage investments in US tech and life sciences are targeted. | – | theperkinsfund.com | Raleigh, United States | |
Cloud-based enterprise networking and firewall solutions are delivered. | 1996 | juniper.net | Sunnyvale, United States |
Investor details for 128 Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of 128 Technology
17 people are tracked at 128 Technology (4 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Michael Baj | Ex-Co-Founder & VP | Leadership |
Patrick Timmons | Co-Founder & VP | Leadership |
Ryan Koss | Director Software Engineering | Leadership |
Don Troshynski | CTO, Global Sales | Leadership |
Amogh K. | Senior Staff Engineer | Team |
Nicholas Lanham | Technical Support Engineer | Team |
Ashley Deshields | Software Engineer | Team |
Joseph Swetz | Software Engineer 1 | Team |
sourav saha | Software Developer | Team |
Ben Beshel | Web Developer | Team |
Kaushik Agrawal | Senior Manager - Cloud, Analytics, Monitoring and Extensibility | Team |
Anthony Intili | Software Engineer | Team |
Ian Chamberlain | Software Engineer II | Team |
Mike Adams | Software Engineer | Team |
Leo Liu | Principal Software Engineer | Team |
Scott McCulley | Senior Software Engineer | Team |
Ivan Stanev | Solutions Architect | Team |
Complete people profiles for 128 Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of 128 Technology
4 dated milestones of 128 Technology across 6 years, from founding to its latest funding, stage changes and deals.
- Founded 128 Technology is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series D, of $20.0M.
- Exit Acquired by Juniper Networks.
Competitors of 128 Technology
128 Technology has 9 listed competitors in our database, 7 of them funded. They include DriveNets, Megaport, Isovalent, Rtbrick and Novell, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| drivenets.com | 2015 | Ra'anana, Israel | $587M | – | Cloud-based software-defined routing infrastructure is provided for service providers. | |
| megaport.com | 2013 | Brisbane, Australia | $7.38M | – | Platform offering cloud integration and connectivity solutions | |
| isovalent.com | 2017 | Mountain View, United States | $69M | 50 | Provider of open source networking systems | |
| rtbrick.com | 2015 | Bengaluru, India | $7.2M | 32 | Disaggregated routing software is provided for telecommunication companies. | |
| novell.com | 1979 | Waltham, United States | – | – | Enterprise software solutions for productivity and security are delivered. | |
| pluribusnetworks.com | 2010 | San Jose, United States | $112.5M | 63 | Cloud & software-defined networks OS for data centers | |
| traefik.io | 2015 | Lyon, France | $11.06M | – | Cloud-based routing software is provided for microservices deployment. | |
| ethernitynet.com | 2004 | Lod, Israel | – | – | System-on-chips for networking technology applications are provided. | |
| packetdesign.com | 2003 | Austin, United States | $47.1M | 8 | IP network route analytics, monitoring, and planning solutions are provided. |
Detailed competitors of 128 Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of 128 Technology
The website of 128 Technology (128technology.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 5.6% vs previous month
Websites whose visitors overlap most with 128 Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mist.com | 100% | 773.8K | #60,974 | View details | |
| juniper.net | 83% | 968K | #34,968 | View details | |
networkcuriosity.com | networkcuriosity.com | 46% | – | #6,159,246 | – |
Top companies in Enterprise Networking & IT Infrastructure
10 companies that operate in the same segment as 128 Technology (Enterprise Networking & IT Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Provider of cloud and AI based CDN management software | 1998 | Cambridge, Massachusetts, United States | USD 61.5 M | USD 4.21 B | 10,700 | |
Cloud-based monitoring and tracing of hybrid application performance are provided. | 1999 | Austin, Texas, United States | USD 308.14 M | USD 2.11 K | 153 | |
Cloud networking solutions are delivered via AI and SaaS platforms. | 2004 | Santa Clara, California, United States | USD 1.5 M | USD 7 B | 4,410 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Cloud-based content delivery network solutions are provided globally. | 2001 | Tempe, Arizona, United States | USD 130 M | USD 15.87 M | 18 | |
Cloud security solutions are delivered for enterprise visibility and protection. | 2012 | Santa Clara, California, United States | USD 1.44 B | USD 34.05 M | 3,400 | |
Hybrid cloud integration software is developed for enterprise connectivity. | 2014 | Santa Clara, California, United States | USD 346 M | USD 1.32 M | 419 |
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Related news about 128 Technology
Complete news archive for 128 Technology
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Frequently Asked Questions about 128 Technology
128 Technology was founded in 2014.
128 Technology is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
128 Technology is a funded company, having raised a total of $112.69M across 5 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Dec 2014.
128 Technology was founded in 2014 in Burlington, United States, within the cloud networking sector. A platform is offered for distributed routing and network services, enabling delivery of applications across multiple networks. Virtual networking overlays are supported, along with zero-trust security and consolidation of standalone services. Operations focus on use cases such as next-generation WAN, data center interconnects, and network-as-a-service models. Clients served include CMC Networks, Revation, and RedVine.
128 Technology has 3 investors. Key investors include Juniper Networks, G20 Ventures, and The Perkins Fund.
128 Technology operates through 128 Technology Inc.
Yes. 128 Technology was acquired by Juniper Networks in October 2020.