P
Packet
Packet Bare Metal - Cloud & Edge Computing Infrastructure Provider
About Packet
Packet, a leading provider in the bare metal cloud industry, offers robust infrastructure solutions designed to meet the needs of enterprises and developers alike. Operating under the umbrella of Equinix, Packet specializes in delivering powerful, secure bare metal servers that can be rapidly deployed across seven global locations. The company serves a diverse client base, including large enterprises, tech startups, and developers who require high-performance computing resources without the overhead of managing physical hardware.
Packet's business model revolves around providing on-demand access to bare metal servers, which are physical servers dedicated to a single tenant. This model ensures maximum performance and security, making it an attractive option for businesses with stringent compliance and performance requirements. Revenue is generated through a subscription-based model, where clients pay for the compute resources they use, along with additional services such as managed support and advanced networking features.
Packet operates in the competitive cloud infrastructure market, positioning itself as a key player by emphasizing the advantages of bare metal over traditional virtualized cloud environments. The company's platform is particularly appealing to clients who need low-latency, high-performance computing, such as those in the financial services, gaming, and artificial intelligence sectors.
In addition to its core offerings, Packet has also open-sourced Tinkerbell, a flexible bare metal provisioning and workflow engine, further solidifying its commitment to innovation and community engagement.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2014
- Headquarters
- New York City, United States
- Employees
- 42
- Open positions
- None listed
- Dealroom signal
- 59.1/100
- Industry
- Hosting, Enterprise Software
- Sector
- Hosting, Information Technology, Cloud Infrastructure, Web Hosting, SaaS, Cloud Computing, Automated Technology, Software
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jan 2020 | $0 | — | Equinix | — |
| SERIES B✓Equity / VC | Sep 2018 | $25M | $100M | Third Point Ventures · Battery Ventures | — |
Growth signals
Latest recorded traffic for Packet is 210 monthly website visits, down 52.3% over the last three months. Packet's team declined 2.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
ArmoryArmory is commercializing Spinnaker, an open source, multi-cloud continuous delivery platform for quickly releasing software |
San Mateo, United States | Operational | 39 | $82M | $160M |
DigitalOceanOperates a cloud hosting platform |
New York City, United States | Operational | |||
RadiumCloud Service Provider for Machine Learning |
Toronto, Canada | Operational | |||
DivvyCloudA cloud management platform (CMP) that specializes in managing multi/hybrid cloud footprints and event-driven infrastructure |
Kansas City, United States | Acquired | |||
ElasticDotPlatform as a service built for WordPress |
Milan, Italy | Operational | |||
Smart MigratorThe world's 1st fully automated cloud migration platform |
London, United Kingdom | Operational | |||
LightwingCloud Cost Optimization with Automated Scheduling and Righsizing of Public Cloud Resources |
Bengaluru, India | Acquired | |||
ThreeB IT GmbHDevelops, provides and maintains innovative software solutions |
Ibbenbüren, Germany | Operational |
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
SoftBank
Third Point Ventures
Battery Ventures
Other known investors2 additional known investors
Equinix
Samsung Next
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Packet on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Packet’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.







