About PacketFabric
PacketFabric is a company based in Culver City (United States) founded in 2015 by Jezzibell Gilmore was acquired by Digital Alpha Advisors in August 2019.. PacketFabric has raised $75.79 million across 6 funding rounds from investors including NantWorks and Digital Alpha Advisors. PacketFabric has completed 1 acquisition, including RStor. PacketFabric offers products and services including Point-to-Point Connectivity, Virtual Cloud Router, and Hybrid Cloud Connectivity. PacketFabric operates in a competitive market with competitors including Metaswitch, Megaport, Puloli, Meta Networks and Arelion, among others.
- Headquarter Culver City, United States
- Founders Jezzibell Gilmore
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Sectors
TechnologyTelecommunications
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Packetfabric, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$75.79 M (USD)
in 6 rounds
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Latest Funding Round
$13.84 M (USD), Series C
Feb 08, 2021
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Investors
NantWorks
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Digital Alpha Advisors
(Aug 27, 2019)
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Products & Services of PacketFabric
PacketFabric offers a comprehensive portfolio of products and services, including Point-to-Point Connectivity, Virtual Cloud Router, and Hybrid Cloud Connectivity. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables secure connections between global facilities at various speeds.
Facilitates private multi-cloud connectivity with zero-touch setup.
Links colocation sites to public clouds for seamless data transfer.
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Funding Insights of PacketFabric
PacketFabric has successfully raised a total of $75.79M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $13.84 million completed in February 2021. 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 6
- Last Round Series C — $13.8M
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First Round
First Round
(18 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series C - PacketFabric | Valuation |
investors |
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| Oct, 2020 | Amount | Series C - PacketFabric | Valuation |
investors |
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| Oct, 2020 | Amount | Series B - PacketFabric | 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 PacketFabric
PacketFabric has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include NantWorks and Digital Alpha Advisors. 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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Network of technology and infrastructure companies focused on healthcare development
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Founded Year | Domain | Location | |
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Operates a private fund specializing in infrastructure industry 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 PacketFabric
PacketFabric has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RStor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multicloud resources are aggregated and orchestrated for enterprise performance computing.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PacketFabric
| 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 |
Packetfabric Comparisons
Competitors of PacketFabric
PacketFabric 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 Metaswitch, Megaport, Puloli, Meta Networks and Arelion, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SoftSwitch and VOIP solutions are provided for cloud-based communication networks.
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| domain | founded_year | HQ Location |
Platform offering cloud integration and connectivity solutions
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| domain | founded_year | HQ Location |
NaaS-based IoT solutions with virtualization and SDN support are provided.
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| domain | founded_year | HQ Location |
Zero-trust Network as a service provider
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| domain | founded_year | HQ Location |
Platform offering SDN carrier solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Packetfabric
Frequently Asked Questions about PacketFabric
When was PacketFabric founded?
PacketFabric was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is PacketFabric located?
PacketFabric is headquartered in Culver City, United States. It is registered at Culver City, California, United States.
Who is the current CEO of PacketFabric?
Dave Ward is the current CEO of PacketFabric.
Is PacketFabric a funded company?
PacketFabric is a funded company, having raised a total of $75.79M across 6 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Jan 18, 2018.
What does PacketFabric do?
PacketFabric was founded in 2015 and is headquartered in Culver City, United States. Operations focus on the telecommunications sector, where cloud-based network services are delivered to enable scalable interconnections between and within networks. Costs for expansion are reduced through virtual environments and user-friendly interfaces. Various interconnection options are offered to support efficient data exchange across diverse network setups.
Who are the top competitors of PacketFabric?
PacketFabric's top competitors include Metaswitch, Megaport and Puloli.
What products or services does PacketFabric offer?
PacketFabric offers Point-to-Point Connectivity, Virtual Cloud Router, and Hybrid Cloud Connectivity.
How many acquisitions has PacketFabric made?
PacketFabric has made 1 acquisition, including RStor.
Who are PacketFabric's investors?
PacketFabric has 2 investors. Key investors include NantWorks, and Digital Alpha Advisors.
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