Packet Lands $25,000,000 Series B Financing

Company Information

Company
Packet

Website

http://www.packet.net

Location
30 Vesey St. 9th Floor New York, NY 10007

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.

Transaction Details

  • Date – 9/12/2018
  • Transaction Type – Venture Equity
  • Transaction Amount – $25,000,000
  • Transaction Round – Series B
  • Acquire / Investor(s) – Third Point
  • Acquire / Investor(s) – Battery Ventures
  • Acquire / Investor(s) – Samsung NEXT
  • Acquire / Investor(s) – SoftBank Group
  • Acquire / Investor(s) – Dell Technologies Capital
  • Acquire / Investor(s) – JA Mitsui Leasing