Tech Company Financing Transactions
cPacket Networks Funding Round
On 2/14/2024, cPacket Networks raised $67 million in financing from Morgan Stanley Expansion Capital and Trinity Capital Investment.
Transaction Overview
Company Name
Announced On
2/14/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$67,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate product development, including 400Gbps Observability nodes, expanding its Cloud and hybrid footprint and introducing innovative use of AI/ML to drive insights from customers packet data.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
480 N McCarthy Blvd 100
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Website
Email Address
Overview
Create trusted real-time intelligence through comprehensive IT infrastructure observability, enabling our customers to enrich the digital lives of people everywhere. At cPacket, we believe that a diverse and inclusive team delivers the best results for our customers. We're deeply committed to fostering a workplace where everyone has a seat at the table.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brendan O'Flaherty
Chief Technical Officer
Ron Nevo
VP - Engineering
Hari Miriyala
VP - Engineering
Paola Moretto
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