Packet Lands $9,400,000 Series A Funding

  • Feed Type
  • Date
    9/15/2016
  • Company Name
    Packet
  • Mailing Address
    30 Vesey St. 9th Floor New York, NY 10007 USA
  • Company Description
    Founded in 2014, Packet brings public cloud style automation to the internet’s physical hardware and network layers with no vendor lock in. Customers can either build on Packet’s public cloud service or leverage advanced automation software to enable their own private compute infrastructure.
  • Website
    http://www.packet.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,400,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    In addition to the capital round, the companies have formed a strategic partnership to bring Packet’s bare metal server automation technology and public cloud services to Japan.
  • M&A Terms
  • Venture Investor
    SBNY
  • Venture Investor
    DH Capital