Packet

New York, United States Founded: 2014 • Age: 12 yrs Acquired By Equinix
Cloud and edge-based data orchestration and security platform is provided.
Annual revenue - Latest available
Total funding $36.1M 4 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Packet

Packet is a company based in New York (United States) founded in 2014 was acquired by Equinix in January 2020. Packet has raised $36.12 million across 4 funding rounds from investors including Equinix, SoftBank and Dell Technologies. Packet operates in a competitive market with competitors including Platform9 Systems, XebiaLabs, Puppet, Ambassador and Quali, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $36.12 M (USD)

    in 4 rounds

  • Latest Funding Round
    $25 M (USD), Series B

    Sep 11, 2018

  • Investors
    Equinix

    & 7 more

  • Employee Count
    Not available
  • Acquired by
    Equinix

    (Jan 14, 2020)

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People of Packet

Headcount 5000-10000
Employee Profiles 896
Board Members and Advisors 10
Employee Profiles
People
Rizwan Qureshy
Senior Manager Business Analysis
People
Daniel Santos
Principal Business Systems Analyst
People
Masud K Mazumder
Senior Account Director, GAM
People
Justin Dustzadeh
CTO

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Board Members and Advisors
people
Gary Hromadko
Director
people
Irving F. Lyons
Director
people
Christopher Paisley
Director
people
Nanci Caldwell
Director

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund investing in early-stage tech startups
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Investments in technology companies are conducted globally by Battery Ventures.
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Corporate-backed venture capital is focused on fintech and multiple sectors.
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Investor details for Packet

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Packet

Investments
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Investment portfolio details for Packet

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Packet

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Detailed financials for Packet

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Packet Comparisons

Packet Primary company
Description
Cloud and edge-based data orchestration and security platfor...
Location
New York, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Packet

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Packet

Packet 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 Platform9 Systems, XebiaLabs, Puppet, Ambassador and Quali, among others.

Company Name Domain Founded year HQ Location Description
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Container development and management platforms are provided for private clouds.
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Provider of cloud automation and management platform
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Cloud-based DevOps software is offered for IT infrastructure management.
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Cloud-based container solutions for edge computing are developed.
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Cloud infrastructure automation and management solutions are provided.
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Cloud infrastructure orchestration and management are enabled by SaltStack platform.
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Detailed competitors of Packet

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Packet

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Complete news archive for Packet

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

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, Aarna and AppViewX.

Packet has 8 investors. Key investors include Equinix, SoftBank, Dell Technologies, Samsung NEXT, and Battery Ventures.

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