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PacketFabric

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PacketFabricis is building a next-generation networking platform to redefine network connectivity

Culver City, United StatesFounded 2015Cybersecurity
Valuation $100–500M Latest valuation · 2018
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About PacketFabric

PacketFabric operates as a prominent Network as a Service (NaaS) provider, offering a platform designed for enterprise clients requiring agile and scalable network solutions. The company was founded in 2015 by Anna Claiborne and Jezzibell Gilmore, who, as former consumers of telecom services, experienced firsthand the frustrations with the traditional, slow-moving industry. Their shared vision was to create a globally interconnected NaaS platform to streamline how businesses connect to digital services, effectively reducing provisioning times from months to minutes.

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The core of PacketFabric's business is its on-demand connectivity platform, which leverages a software-defined network (SDN) built upon a private, massively scalable optical network. This infrastructure provides private, secure, and high-capacity connections between hundreds of colocation facilities, cloud providers, and internet exchanges across the globe. The business model is centered on providing these connectivity services through a self-service web portal and an advanced API, allowing IT and DevOps teams to procure and manage their network architecture programmatically. Revenue is generated by offering flexible, consumption-based access to its network services, such as cloud on-ramps, data center interconnects, and point-to-point connectivity.

A significant milestone in the company's history was its merger with Unitas Global, which was completed in March 2023. This strategic move, driven by lead investor Digital Alpha Advisors, significantly expanded PacketFabric's service portfolio. The merger integrated Unitas Global's automated platform for last-mile connectivity and its extensive public internet services, including route optimization technology. Consequently, PacketFabric evolved its offerings from primarily "middle-mile" connectivity to a comprehensive "Edge to Everywhere" solution, capable of managing a client's entire network path from their physical locations to the cloud and beyond. The combined entity operates under the PacketFabric brand, establishing itself as a more formidable player in the NaaS market.

PacketFabric's product suite, branded as the Connectivity Cloud, includes several key services. The PacketFabric Converge™ platform orchestrates on-demand connectivity, while PacketFabric Nexus™ extends automation into access and public network services. The company also offers a Virtual Cloud Router for multi-cloud connectivity and specialized products like Quick Connect and Quick Transit for simplified private peering and internet transit attachment. These services cater to a broad range of clients, from enterprises undergoing digital transformation to media and entertainment companies requiring high-capacity data transfer for cloud-based production pipelines. The company has received multiple accolades, including the "2020 Fierce Telecom Innovation Award for Cloud Services" and being named a GigaOm NaaS Leader/Outperformer in 2023. Keywords: Network as a Service, NaaS, on-demand connectivity, private network, cloud connectivity, software-defined networking, SDN, API-driven network, data center interconnect, multi-cloud, hybrid cloud, colocation connectivity, automated networking, enterprise networking, Unitas Global, Digital Alpha Advisors, Edge to Everywhere, private peering, last-mile connectivity, virtual cloud router, network automation, high-capacity transfer, media and entertainment networking

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Culver City, United States
Employees
77
Open positions
6
Dealroom signal
72.8/100
Industry
Security, Telecom
Sector
Cybersecurity, Information Technology, Cloud Infrastructure, SaaS, Network Security, Platform
Investment activity
1 company, latest Jan 2023
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning PacketFabric.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Aug 2019 $75M Digital Alpha Advisors
SERIES BOther financing Jan 2018 $25M $100M Undisclosed
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Growth signals

PacketFabric website traffic

Latest recorded traffic for PacketFabric is 9.5K monthly website visits, up 75.9% over the last three months. PacketFabric's team grew 22.2% over the past year.

Latest monthly visits9.5K 3-month web change+75.9% 1-year team growth+22.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

1 investor on the cap table

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

Series B and later1 investor entered at this stage

  • Digital Alpha Advisors
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
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
10 countries with
team presence
🇺🇸 United States68.9%
🇯🇵 Japan11.1%
🇨🇦 Canada4.4%
🇵🇱 Poland2.2%
🇦🇺 Australia2.2%
Top 5 of 10 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about PacketFabric 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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