# PacketTrap Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/packettrap-networks

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.packettrap.com
- Total disclosed funding: $5M
- Latest round: Series A (Oct 17, 2007)
- Investors on record: 1

## About

PacketTrap Networks Inc. specializes in IT management solutions that enhance cybersecurity and operational efficiency, providing businesses with tools to safeguard their data and streamline their IT environments.PacketTrap Networks Inc. focuses on developing IT management solutions aimed at improving network performance and security. The company is headquartered in San Francisco, US. In January 2010, PacketTrap Networks Inc. was acquired by Quest Software Inc. for an undisclosed amount. The firm has been involved in 2 deals, with the most recent deal occurring in 2010. The latest funding round was a Series A round led by August Capital, raising a total of USD 5.00 mn, which is the total amount raised by the company.PacketTrap Networks Inc. offers a suite of IT management solutions that include Identity Threat Detection and Response (ITDR), Active Directory disaster recovery solutions, and unified endpoint management systems. Their tools, such as Foglight and Toad, cater to both on-premises and cloud environments, providing performance management for various database types. The company serves a global clientele across industries, addressing IT infrastructure modernization and cybersecurity needs in markets including North America, Europe, and Asia Pacific.The revenue model of PacketTrap Networks Inc. is primarily subscription-based, allowing clients continuous access to software solutions and regular updates. The company's flagship products, such as Recovery Manager and KACE, are pivotal in enabling clients to manage endpoints and recover from data loss efficiently. Clients typically engage with these solutions through annual or multi-year subscriptions, tailored to meet diverse operational needs.In the future, PacketTrap Networks Inc. plans to enhance its product offerings and expand into new markets. The company intends to launch new IT management products, although specific release dates have not been disclosed. Recent funding will support these initiatives, aiming for growth in key global markets, including North America and Europe, by leveraging the resources acquired through the Series A funding round. The acquisition by Quest Software Inc. will also play a crucial role in facilitating these expansion efforts.

## Funding rounds

- Series A, Oct 17, 2007, $5M — August Capital

## Investors

- August Capital (https://capitalatlas.ai/funds/august-capital) — Series A