About Packet
Packet is a Technology company based in New York (United States) founded in 2014, and was acquired by Equinix in January 2020. Cloud and edge-based data orchestration and security platform is provided. Packet has raised $36.12 million across 4 funding rounds from investors including Equinix, SoftBank and Dell Technologies. Its focus areas include Enterprise Infrastructure, Cloud Infrastructure, IaaS and Public Cloud. Its competitors include Platform9 Systems, XebiaLabs and Puppet; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2014 and headquartered in New York, United States, Packet operates in the cloud computing sector. A platform for deploying edge applications and solutions is offered, along with services for site deployment, management, and product development. Key features encompass automation, integration, storage, cost optimization, and automation of single-tenant infrastructure. Operations focus on data orchestration and security across cloud and edge environments.
- Headquarters New York, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website packet.com
- Social LinkedIn X
- Acquired by Equinix (Jan 2020)
Funding Insights of Packet
Packet has successfully raised a total of $36.12M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in September 2018. 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 $36.12M
- Total Rounds 4
- Last Round Series B — $25M
- First Round $1.7M
(Jun 2014)
- Investors Count 7
All 4 funding rounds of Packet 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 |
|---|---|---|---|---|---|
| Sep 2018 | $25M | Series B | – | Third Point Ventures | |
| Aug 2016 | $9.42M | Series A | – | SoftBank Group | – |
| May 2016 | $300,000 | Debt – Conventional | – | – | – |
| Jun 2014 | $1.7M | Seed | – | – | – |
8 investors in total: 8 institutional.
Investors in Packet
Packet has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Equinix, SoftBank and Dell Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in early-stage tech startups | samsungnext.com | Berlin, Germany | ||
Investments in technology companies are conducted globally by Battery Ventures. | battery.com | |||
Corporate-backed venture capital is focused on fintech and multiple sectors. | thirdpointventures.com | Menlo Park, United States | ||
VC & PE firm | global.softbank | San Carlos, United States | ||
Cybersecurity solutions and IT transformations are provided by Dell Technologies. | 1998 | delltechnologies.com | Round Rock, United States | |
Mobile telecommunications, internet, and energy services are provided globally. | 1981 | softbank.jp | Tokyo, Japan | |
Provides comprehensive solutions for auto and equipment leasing, along with additional financial services. | 2008 | jamitsuilease.co.jp | Chuo City, Japan | |
Provider of colocation data center services | 1998 | equinix.com | Redwood City, United States |
Investor details for Packet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Packet
906 people are tracked at Packet (290 in leadership, 10 in board & advisors, 606 in team).
| Name | Role | Group |
|---|---|---|
Masud K Mazumder | Senior Account Director, GAM | Leadership |
Justin Dustzadeh | CTO | Leadership |
John Ryalls | Sales Director | Leadership |
Wayne Aston | Design Director - Global Process | Leadership |
Jesse Bowman | Director, Organization Effectiveness | Leadership |
Yang Song | SVP, Chief Data Science and AI Officer | Leadership |
Ariane D. | Director Global Operations Compliance | Leadership |
Tom Kelly | Director, Global Legal Operations - Digital Transformation | Leadership |
Johnnie Wong | Director, Global Service Desk - Asia Pacific | Leadership |
Morgan Chase | Senior Managing Sales Director, Silicon Valley | Leadership |
Peter Chevalier | Director, Legal - Real Estate & Infrastructure | Leadership |
Elizabeth Jarjour | Director, GTM Revenue Operations | Leadership |
Eduardo Cocozza | Vice President Developer & Product-led Growth Marketing | Leadership |
Kieran Grimshaw | Global Leader, Senior Director HR Advisory Services | Leadership |
Amr El-Arabaty | Vice President Enterprise Architecture | Leadership |
Adaire Fox-Martin | Chief Executive Officer and President | Leadership |
Jeffrey Enstrom | Director, Commercial Solutions And Bid Management, Americas | Leadership |
Katherine Schoenthaler | Director, IT | Leadership |
MacEy Majkrzak | Director Technology Program Management | Leadership |
Funmike Olayera | Head, Public Sector & Regional Business - Manager, Field Sales | Leadership |
886 more people are available in the full profile.
Complete people profiles for Packet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Packet
4 dated milestones of Packet across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Packet is founded.
- Funding First funding round of $1.7M.
- Funding Latest funding round, Series B, of $25.0M.
- Exit Acquired by Equinix.
Competitors of Packet
Packet has 3 listed competitors in our database, 3 of them funded. They include Platform9 Systems, XebiaLabs and Puppet.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| platform9.com | 2013 | Sunnyvale, United States | $100M | 64 | Container development and management platforms are provided for private clouds. | |
| xebialabs.com | 2008 | Boston, United States | $112M | 74 | Provider of cloud automation and management platform | |
| puppet.com | 2009 | Portland, United States | $169.5M | 257 | Cloud-based DevOps software is offered for IT infrastructure management. |
Detailed competitors of Packet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Packet
Websites that share an audience with Packet (packet.com).
Websites whose visitors overlap most with Packet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| greenpacket.com | 100% | 5.2K | #3,310,260 | View details | |
packet-tracer.com | packet-tracer.com | 86% | – |
Top companies in Big Data & Cloud Infrastructure
3 companies that operate in the same segment as Packet (Big Data & Cloud Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 20.67 B | USD 15.9 M | 5,679 | |
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 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 |
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Related news about Packet
Complete news archive for Packet
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Frequently Asked Questions about Packet
Packet was founded in 2014.
Packet is headquartered in New York, United States. It is registered at New York, New York, United States.
Packet is a funded company, having raised a total of $36.12M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.7M, raised on Jun 2014.
Founded in 2014 and headquartered in New York, United States, Packet operates in the cloud computing sector. A platform for deploying edge applications and solutions is offered, along with services for site deployment, management, and product development. Key features encompass automation, integration, storage, cost optimization, and automation of single-tenant infrastructure. Operations focus on data orchestration and security across cloud and edge environments.
Packet's top competitors include Platform9 Systems, XebiaLabs and Puppet.
Packet has 8 investors. Key investors include Equinix, SoftBank, Dell Technologies, Samsung NEXT, and Battery Ventures.
Yes. Packet was acquired by Equinix in January 2020.