# PacketZoom

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

- Industry: Telecoms
- Headquarters: San Mateo, US
- Website: www.packetzoom.com
- Total disclosed funding: $15M
- Latest round: Series A (Nov 21, 2017)
- Investors on record: 5

## About

PacketZoom, Inc. is a technology company that focuses on optimizing application performance and enhancing user experience by improving mobile network speeds through its innovative solutions.Founded in 2013 in San Mateo, US, PacketZoom, Inc. specializes in optimizing mobile application performance. The company has undergone no significant pivots in its business strategy and does not have known subsidiaries. Its founder, with a history of launching tech ventures, established the firm to address challenges in mobile connectivity. In October 2018, PacketZoom raised a total of USD 5.00 mn in a Series A funding round led by Baseline Ventures, alongside investors such as Arafura Ventures, First Round Capital, and Tandem Capital. The most recent deal was made in 2018, with a total of 7 deals reported.PacketZoom, Inc. specializes in solutions that enhance mobile application performance, focusing on optimizing data transfer and reducing latency. Their core offerings include software designed to accelerate content delivery and improve user engagement for mobile applications. This service is tailored to meet the demands of both developers and end-users, ensuring efficient and reliable connectivity across various mobile networks.PacketZoom generates revenue through its software solutions aimed at improving mobile application performance. The business model centers around direct-to-business transactions, where companies subscribe to PacketZoom's services to enhance their app's performance. Revenue is primarily derived from subscription fees and usage-based pricing structures, ensuring that clients receive value in enhancing user experience and engagement.PacketZoom, Inc. is focused on expanding its offerings by developing new solutions aimed at optimizing application performance further, with potential launches anticipated in late 2023. The company plans to enter new geographic markets, particularly in Europe and Asia, by 2024, leveraging recent funding to support these initiatives. The Series A funding raised in 2018 will be utilized to enhance product development and expand market reach, facilitating a robust entry into these promising regions.

## Funding rounds

- Series A, Nov 21, 2017, $5M — First Round Capital, Arafura Ventures, Baseline Ventures, Tandem Capital
- Seed, Oct 13, 2016, $4.3M — First Round Capital, Baseline Ventures, Founder Collective, Tandem Capital
- Seed, Dec 7, 2015, $3.3M — Founder Collective
- Seed, Dec 17, 2014, $2.6M — Tandem Capital

## Investors

- Tandem Capital (https://capitalatlas.ai/funds/tandem-capital) — Seed, Series A
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A
- Baseline Ventures (https://capitalatlas.ai/funds/baseline-ventures) — Seed, Series A
- Arafura Ventures (https://capitalatlas.ai/funds/arafura-ventures) — Series A