Tech Company Financing Transactions
Packet Design Funding Round
Packet Design, based in Santa Clara, secured $14.3 million from Advanced Technology Ventures, Allegis Capital and Masthead Venture Partners.
Transaction Overview
Company Name
Announced On
3/27/2003
Transaction Type
Venture Equity
Amount
$14,250,000
Round
Series B
Investors
Advanced Technology Ventures (Lead Investor) (Wes Raffel)
Mayfield Fund (Yogen Dalal)
Proceeds Purpose
This infusion of capital provides Packet Design with the resources to build a powerful market presence for our pioneering layer 3 route analytics technology and, over the next several years, to expand that technology into a broader family of network appliances.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
2455 Augustine Drive
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack Bradley
Chief Scientific Officer
Van Jacobson
Chief Technical Officer
Cengiz Alaettinoglu
VP - Bus. Development
Jeff Raice
VP - Engineering
Constantinos Bassias
VP - Operations
Steve Ackley
VP - Product Management
Alex Henthorn-Iwane
VP - Product Management
Balaji Venkatraman
Browse more venture capital transactions:
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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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