- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5dff44db-db14-4f8f-a720-a883c3d37a67 - Date
9/15/2016 - Company Name
Packet - Mailing Address
30 Vesey St. 9th Floor New York, NY 10007 USA - Company Description
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. - Website
http://www.packet.net - Transaction Type
Venture Equity - Transaction Amount
$9,400,000 - Transaction Round
Series A - Proceeds Purposes
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. - M&A Terms
- Venture Investor
SBNY - Venture Investor
DH Capital