About Tacit Networks
Tacit Networks is a Technology company based in South Plainfield (United States) founded in 2000, and was acquired by Packeteer in May 2006. WAN optimization solutions for branch office and remote users. It operates in the Technology and Telecommunications sectors. Tacit Networks has raised $24.2 million across 3 funding rounds from investors including J P Morgan, Chevron and Canaan. Its focus areas include Enterprise Infrastructure, Enterprise Networking, WAN and Telecom. Its competitors include Cradlepoint, Netskope and Aryaka Networks; 3 of its 3 listed competitors have raised funding.
Company details
Tacit Networks was founded in 2000 and is based in South Plainfield, United States. Wide area file services and WAN optimization solutions are provided for branch offices and remote users. Key products include iShared for WAN optimization and Mobiliti for backup, synchronization, and offline access to mobile users. Operations focus on the branch office solutions market segment.
- Headquarters South Plainfield, United States
- Stage Acquired
- SectorsTechnologyTelecommunications
- Website tacitnetworks.com
- Social LinkedIn
- Acquired by Packeteer (May 2006)
- Total Equity Funding$24.2M (USD)
in 3 rounds
- InvestorsJ P Morgan
& 6 more
- Acquired byPacketeer
(May 2006)
Funding Insights of Tacit Networks
Tacit Networks has successfully raised a total of $24.2M across 3 strategic funding rounds. 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 $24.2M
- Total Rounds 3
- First Round $7.3M
(Nov 2002)
- Investors Count 6
All 3 funding rounds of Tacit Networks 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 |
|---|---|---|---|---|---|
| May 2005 | Series C | – | Brocade Communication Systems | ||
| May 2004 | $16.9M | Series B | – | J P Morgan | |
| Nov 2002 | $7.3M | Series A | – | – |
7 investors in total: 7 institutional.
Investors in Tacit Networks
Tacit Networks has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include J P Morgan, Chevron and Canaan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in seed and early stage companies in the US | rre.com | New York, United States | ||
| sasinvestors.com | ||||
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
Networking products for data centers and storage fabrics are supplied. | 1995 | brocade.com | San Jose, United States | |
Comprehensive financial services are provided to corporations and individuals. | 1799 | jpmorgan.com | New York, United States | |
Chevron Corporation is engaged in global energy production and sustainability. | 1879 | chevron.com | United States | |
WAN Application Development/Optimization | 1996 | packeteer.com | Cupertino, United States |
Investor details for Tacit Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Tacit Networks
4 dated milestones of Tacit Networks across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Tacit Networks is founded.
- Funding First funding round of $7.3M.
- Funding Latest funding round, Series C,.
- Exit Acquired by Packeteer.
Competitors of Tacit Networks
Tacit Networks has 3 listed competitors in our database, 3 of them funded. They include Cradlepoint, Netskope and Aryaka Networks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cradlepoint.com | 2004 | Boise, United States | $154.85M | 693 | Cloud-based network infrastructure for IoT applications is provided. | |
| netskope.com | 2012 | Santa Clara, United States | $1.44B | 114 | Cloud security solutions are delivered for enterprise visibility and protection. | |
| aryaka.com | 2009 | San Mateo, United States | $192.19M | 130 | Unified SASE solutions are delivered for enterprise connectivity and security. |
Detailed competitors of Tacit Networks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Enterprise Networking & IT Infrastructure
3 companies that operate in the same segment as Tacit Networks (Enterprise Networking & IT Infrastructure) in United States, 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 |
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Frequently Asked Questions about Tacit Networks
Tacit Networks was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Tacit Networks is headquartered in South Plainfield, United States. It is registered at South Plainfield, New Jersey, United States.
Tacit Networks is a funded company, having raised a total of $24.2M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.3M, raised on Nov 2002.
Tacit Networks was founded in 2000 and is based in South Plainfield, United States. Wide area file services and WAN optimization solutions are provided for branch offices and remote users. Key products include iShared for WAN optimization and Mobiliti for backup, synchronization, and offline access to mobile users. Operations focus on the branch office solutions market segment.
Tacit Networks's top competitors include Cradlepoint, Netskope and Aryaka Networks.
Tacit Networks has 7 investors. Key investors include J P Morgan, Chevron, Canaan, Brocade Communication Systems, and Packeteer.
Yes. Tacit Networks was acquired by Packeteer in May 2006.