Peribit Networks

TelecomsSeries DSanta Clara, USjuniper.net/us/en

Latest round

Series D

Last raised

Oct 2003

Total raised

$31M

Investors

4

About Peribit Networks

Peribit Networks specializes in advanced networking solutions, enhancing network efficiency and performance through innovative technology.Founded in 2000 in Santa Clara, US, Peribit Networks operates under Juniper Networks, Inc. after being acquired in April 2005 for USD 337 mn. The firm has engaged in four investment deals, with its most recent transaction occurring in 2005. No pivots in strategy are noted, and there are no mentions of subsidiaries or other founders.Juniper Networks specializes in advanced networking solutions utilizing artificial intelligence (AI) and cloud-native technologies. Their core offerings include the Mist AI platform, which enhances operational efficiency and automated network management. Additionally, they provide high-performance data center networking solutions and enterprise routing products, designed to meet the needs of sectors such as education, healthcare, retail, and cloud service providers.Juniper Networks operates a subscription-based revenue model enhanced by direct hardware and software sales. Revenue is generated from various products, including the Mist AI platform and routing equipment, usually accompanied by service agreements that foster long-term client relationships.Post-acquisition, Juniper Networks aims to expand its product line and market reach. The company is focused on launching new AI-driven solutions, although specific release dates are not detailed. The investment will enhance their capabilities in AI networking, aligning with their growth strategy in the evolving digital infrastructure landscape.

Who invested in Peribit Networks

4 investors across 3 rounds

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Funding rounds

  1. Series D

    Oct 20, 2003

    Amount

    $10M

    Investors

    Locked

  2. Series C

    Mar 12, 2002

    Amount

    $21M

    Investors

    Locked

  3. Series A

    Jan 1, 2001

    Amount

    Undisclosed

    Investors

    Locked

Questions about Peribit Networks

Who invested in Peribit Networks?

Peribit Networks has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Peribit Networks raised?

Peribit Networks has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Peribit Networks last raise money?

Peribit Networks's most recent round on record is a Series D, in Oct 2003.

What does Peribit Networks do?

Peribit Networks specializes in advanced networking solutions, enhancing network efficiency and performance through innovative technology.

Where is Peribit Networks headquartered?

Peribit Networks is headquartered in Santa Clara, US.

Which VCs invest in companies like Peribit Networks?

Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back telecoms companies at Peribit Networks's stage. Their profiles are linked below.

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