Tech Company Financing Transactions

Packet Design Funding Round

Packet Design closed a $12 million Series D investment round on 9/15/2008. Backers included Advanced Technology Ventures, Masthead Venture Partners and Mayfield Fund.

Transaction Overview

Company Name
Packet Design
Announced On
9/15/2008
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series D
Investors

Advanced Technology Ventures (Wes Raffel)

Masthead Venture Partners (Stephen Smith)

Mayfield Fund (Yogen Dalal)

Proceeds Purpose
The new funding will be used to expand the company's network management product line and grow its international sales force, and is expected to carry the company to a break-even cash flow by the end of 2009.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
2455 Augustine Drive
Santa Clara, CA 95054
USA
Phone
408.490.1000
Website
www.packetdesign.com
Email Address
[email protected]
Overview
Packet Design, Inc., develops and markets network solutions that leverage the distributed intelligence of the Internet Protocol (IP) to enhance the reliability, efficiency and predictability of IP networks.
Profile
Packet Design LinkedIn Company Profile
Social Media
Packet Design Company Twitter Account
Company News
Packet Design News
Facebook
Packet Design on Facebook
YouTube
Packet Design on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jack Bradley
  Jack Bradley LinkedIn Profile  Jack Bradley Twitter Account  Jack Bradley News  Jack Bradley on Facebook
Chief Scientific Officer
Van Jacobson
  Van Jacobson LinkedIn Profile  Van Jacobson Twitter Account  Van Jacobson News  Van Jacobson on Facebook
Chief Technical Officer
Cengiz Alaettinoglu
  Cengiz Alaettinoglu LinkedIn Profile  Cengiz Alaettinoglu Twitter Account  Cengiz Alaettinoglu News  Cengiz Alaettinoglu on Facebook
VP - Bus. Development
Jeff Raice
  Jeff Raice LinkedIn Profile  Jeff Raice Twitter Account  Jeff Raice News  Jeff Raice on Facebook
VP - Engineering
Constantinos Bassias
  Constantinos Bassias LinkedIn Profile  Constantinos Bassias Twitter Account  Constantinos Bassias News  Constantinos Bassias on Facebook
VP - Operations
Steve Ackley
  Steve Ackley LinkedIn Profile  Steve Ackley Twitter Account  Steve Ackley News  Steve Ackley on Facebook
VP - Product Management
Alex Henthorn-Iwane
  Alex Henthorn-Iwane LinkedIn Profile  Alex Henthorn-Iwane Twitter Account  Alex Henthorn-Iwane News  Alex Henthorn-Iwane on Facebook
VP - Product Management
Balaji Venkatraman
  Balaji Venkatraman LinkedIn Profile  Balaji Venkatraman Twitter Account  Balaji Venkatraman News  Balaji Venkatraman on Facebook

 

 

Browse more venture capital transactions:

Prev: 9/12/2008: Octagon Research Solutions venture capital transaction
Next: 9/15/2008: Gaterocket venture capital transaction

 

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We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 

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