# PacketFabric

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/packetfabric

- Industry: Software
- Headquarters: Culver City, US
- Website: www.packetfabric.com
- Total disclosed funding: $12M
- Latest round: Series B (Aug 27, 2019)
- Investors on record: 1

## About

Based in the US, PacketFabric, Inc. operates a Network-as-a-Service platform that enhances hybrid and multi-cloud connectivity solutions for enterprises, enabling rapid, secure network access without traditional provisioning delays.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. To date, the company has completed 6 deals, raising a total of USD 9.95 mn, with its most recent funding round amounting to USD 9.95 mn.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. Its geographical reach spans various markets, allowing businesses worldwide to leverage its services, including urban centers in North America, Europe, and Asia.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. The company maintains an emphasis on providing robust connectivity solutions, ensuring that clients can manage their network demands without compromising flexibility or performance.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. With the recent funding of USD 9.95 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.

## Funding rounds

- Series B, Aug 27, 2019, $12M — Digital Alpha Advisors

## Investors

- Digital Alpha Advisors (https://capitalatlas.ai/funds/digital-alpha-advisors) — Series B