About Packet Design
Packet Design is a company based in Austin (United States) founded in 2003 was acquired by Ciena in May 2018.. Packet Design has raised $47.1 million across 11 funding rounds from investors including Ciena, Juniper Networks and Advanced Technology Ventures. The company has 21 employees as of March 30, 2024. Packet Design operates in a competitive market with competitors including Sandvine, NetScout, Neusoft, Synchronoss and AsiaInfo, among others.
- Headquarter Austin, United States
- Employees 21 as on 30 Mar, 2024
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Sectors
TelecommunicationsTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Packet Design India Private Limited
- Date of Incorporation 22 Apr, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$428.57 K (USD)0as on Mar 31, 2017
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Net Profit
$-171.37 K (USD)0as on Mar 31, 2017
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EBITDA
$-173.36 K (USD)0as on Mar 31, 2017
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Total Equity Funding
$47.1 M (USD)
in 11 rounds
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Latest Funding Round
$350.37 K (USD), Series D
Sep 28, 2012
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Investors
Ciena
& 7 more
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Employee Count
21
as on Mar 30, 2024
- Acquired by
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Funding Insights of Packet Design
Packet Design has successfully raised a total of $47.1M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $350.37 thousand completed in September 2012. 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 Total Funding
- Total Rounds 11
- Last Round Series D — $350,368
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First Round
First Round
(01 Mar 2003)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2012 | Amount | Series D - Packet Design | Valuation |
investors |
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| Jun, 2012 | Amount | Series D - Packet Design | Valuation |
investors |
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| Nov, 2011 | Amount | Debt – Conventional - Packet Design | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Packet Design
Packet Design has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Ciena, Juniper Networks and Advanced Technology Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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VC firm making investment in early stage startups in the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Mayfield is focused on AI innovation and venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Packet Design
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Packet Design
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Packet Design Comparisons
Competitors of Packet Design
Packet Design operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sandvine, NetScout, Neusoft, Synchronoss and AsiaInfo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Network policy control products are provided for broadband service providers.
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Cloud-based visual tools for network performance management are provided.
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IT solutions and services are provided to multiple industries.
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SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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| domain | founded_year | HQ Location |
OSS/BSS and IT services are provided to the telecommunications sector.
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| domain | founded_year | HQ Location |
Cloud-based OSS and BSS solutions are provided to communications providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Packet Design
Frequently Asked Questions about Packet Design
When was Packet Design founded?
Packet Design was founded in 2003.
Where is Packet Design located?
Packet Design is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Packet Design a funded company?
Packet Design is a funded company, having raised a total of $47.1M across 11 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $754.16K, raised on Mar 01, 2003.
How many employees does Packet Design have?
As of Mar 30, 2024, the latest employee count at Packet Design is 21.
What is the annual revenue of Packet Design?
Annual revenue of Packet Design is $428.57K as on Mar 31, 2017.
What does Packet Design do?
Founded in 2003 and based in Austin, United States, IP traffic and route analysis solutions are delivered by Packet Design to enterprises, mobile operators, cable and broadband providers, and government organizations. Network performance is optimized and IP infrastructures are managed via a platform that integrates route analytics with Netflow data. Operations focus on the telecommunications and networking sector, supporting analytics for traffic monitoring and planning.
Who are the top competitors of Packet Design?
Who are Packet Design's investors?
Packet Design has 8 investors. Key investors include Ciena, Juniper Networks, Advanced Technology Ventures, Masthead Venture Partners, and Mayfield.
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