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Packet

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Packet Bare Metal - Cloud & Edge Computing Infrastructure Provider

New York City, United StatesFounded 2014Hosting
Valuation $100–250M Last recorded · 2018
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Packet and the history behind them.

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 data

At 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

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jan 2020 $0 — Equinix —
SERIES B✓Equity / VC Sep 2018 $25M $100M Third Point Ventures · Battery Ventures —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Packet website traffic

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.

Latest monthly visits210 3-month web change-52.3% 1-year team growth-2.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Other known investors2 additional known investors

Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · New York City HQ
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Market sentiment

Posts on X, past 7 days

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

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