Tech Company Financing Transactions
Packet Funding Round
Packet, based in New York, scored $9.4 million from SBNY and DH Capital.
Transaction Overview
Company Name
Announced On
9/15/2016
Transaction Type
Venture Equity
Amount
$9,400,000
Round
Series A
Investors
SBNY (Lead Investor) (Eric Gan)
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
30 Vesey St. 9th Floor
New York, NY 10007
USA
New York, NY 10007
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zachary Smith
Chief Financial Officer
Steve Smyser
Chief Marketing Officer
Jacob Smith
Chief Operating Officer
George Karidis
Chief Technical Officer
Ihab Tarazi
Vice President
David Laube
Vice President
Adam Rothschild
Vice President
Bruce Wang
VP - Bus. Development
Nathan Goulding
VP - Engineering
Thao Nguyen
VP - Marketing
Christopher Wright
VP - Operations
Mark Quigley
VP - Product Management
Samuel Machiz
Browse more venture capital transactions:
Prev: 9/15/2016: Aperia Technologies venture capital transaction
Next: 9/15/2016: HDL Therapeutics venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs