# Pica8

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pica8

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.pica8.com
- Total disclosed funding: $39M
- Latest round: Series C (Apr 6, 2021)
- Investors on record: 5

## About

Pica8, Inc. is a provider of software-defined networking (SDN) solutions, specializing in centralized management and automation of networking operations for enterprises, enabling flexible and scalable infrastructures.Pica8, Inc. offers advanced SDN solutions designed to streamline network operations and improve infrastructure efficiency. Founded by James Liao, the company is headquartered in Palo Alto, US. In April 2021, Pica8 raised USD 20 mn in Series C funding, co-led by Aspiro Capital Management and WI Harper, with participation from VantagePoint Capital. The total amount raised by the company stands at USD 20 mn.Pica8 specializes in software-defined networking (SDN) solutions, primarily through its core offerings: the AmpCon™ Network Controller and PicOS® Software Switches. These products enable centralized management and automation of networking operations, allowing enterprises to deploy flexible and scalable network infrastructures. The PicOS platform is built on an industry-standard Debian Linux-based disaggregated network operating system, ensuring compatibility with a wide range of hardware, including multi-gigabit and Power over Ethernet (PoE) switches. Pica8’s solutions are designed for use in various environments, including campus networks, data centers, and distributed site networks, and are particularly well-suited for Fortune 500 companies. The company's client base spans over 1,000 customers in more than 40 countries, with significant presence in North America, Europe, and Asia-Pacific markets.Pica8 generates revenue through subscription-based models and direct partnerships with enterprise clients. The primary transaction structure involves the sale of software licenses for their flagship products, AmpCon™ and PicOS®, along with associated support and maintenance services. Customers typically engage in multi-year licensing agreements that include provisions for software updates, technical support, and training. Revenue is derived from both initial software purchases and recurring fees for ongoing support and services. The scalable nature of Pica8’s offerings aligns well with the needs of large enterprises, which often require comprehensive networking solutions tailored to their specific operational demands.As of April 2021, Pica8 plans to utilize the USD 20 mn raised in Series C funding to enhance its product roadmap and scale its customer engagement and support functions. The company aims to expand its market presence, particularly in North America, Europe, and Asia-Pacific, by developing new products designed to meet evolving customer needs. Specific timelines for product launches and market expansion efforts will be established as part of their strategic initiatives.

## Funding rounds

- Series C, Apr 6, 2021, $20M — VantagePoint Capital, WI Harper Group, Aspiro Capital Management
- Series B, Dec 8, 2014 — Mitsui Global Investment
- Series B, Oct 1, 2014, $13M — VantagePoint Capital, Pacific Venture Partners
- Series A, Oct 10, 2012, $6.5M — VantagePoint Capital

## Investors

- VantagePoint Capital (https://capitalatlas.ai/funds/vantagepoint-capital) — Series A, Series B, Series C
- Pacific Venture Partners (https://capitalatlas.ai/funds/pacific-venture-partners) — Series B
- Mitsui Global Investment (https://capitalatlas.ai/funds/mitsui-global-investment) — Series B
- WI Harper Group (https://capitalatlas.ai/funds/wi-harper-group) — Series C
- Aspiro Capital Management (https://capitalatlas.ai/funds/aspiro-capital-management) — Series C