PacketFabric
Latest round
- Series B
Last raised
- Aug 2019
Total raised
- $12M
Investors
- 1
About PacketFabric
Based in the US, PacketFabric, Inc.PacketFabric, Inc. was founded in 2015 and is headquartered in Culver City, US. The company specializes in providing Network-as-a-Service solutions, allowing clients to establish hybrid and multi-cloud connectivity. It has not undergone any major pivots in business strategy. The founder, Jezzibell Gilmore, has a history in technology and network solutions. As of March 30, 2023, PacketFabric merged with Unitas Global, LLC, a move intended to bolster its operational capabilities.PacketFabric offers a comprehensive Network-as-a-Service (NaaS) platform designed to facilitate hybrid and multi-cloud connectivity solutions. This platform empowers reseller partners to provide their clients with secure, high-performance network connections that can be deployed in minutes, addressing critical use cases such as the need for instant, on-demand connectivity while eliminating traditional bottlenecks associated with lengthy circuit provisioning. The technology integrates seamlessly with major cloud partners, artificial intelligence technologies, and an extensive network of data centers globally. PacketFabric serves a diverse clientele, including enterprises looking to optimize their cloud operations and improve their operational agility.PacketFabric's revenue model primarily revolves around B2B transactions, where clients subscribe to its services for hybrid and multi-cloud connectivity. These subscriptions are structured to provide flexible terms that allow companies to scale their network solutions according to their specific needs. The platform offers various pricing structures, including pay-as-you-go options and longer-term contracts, facilitating predictable costs for users. The firm’s flagship offerings include its Virtual Cloud Router and turnkey Ethernet Private Line (EPL) services, which cater to both small and large organizations seeking efficient, high-speed connections.In the coming months, PacketFabric plans to expand its Network-as-a-Service offerings beyond public cloud on-ramps and data center interconnect (DCI) and is developing a programmable internet solution tailored for enterprises.95 mn secured in March 2023 through the merger with Unitas Global, LLC, the company aims to enhance its technology and extend its services into new markets. Specific regions targeted for expansion include additional urban centers across North America, Europe, and Asia, aiming for a significant geographic footprint by the end of 2024.
Who invested in PacketFabric
1 investor across 1 round
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Funding rounds
Series B
Aug 27, 2019
Amount
$12M
Investors
Questions about PacketFabric
Who invested in PacketFabric?
PacketFabric has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PacketFabric raised?
PacketFabric has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PacketFabric last raise money?
PacketFabric's most recent round on record is a Series B, in Aug 2019.
What does PacketFabric do?
Based in the US, PacketFabric, Inc.
Where is PacketFabric headquartered?
PacketFabric is headquartered in Culver City, US.
Which VCs invest in companies like PacketFabric?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PacketFabric's stage. Their profiles are linked below.
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