Fundraising Fox

PacketFabric

Culver City, US · Founded 2019 · Delaware corporation

PacketFabric operates an API-driven, self-service platform for on-demand network connectivity, including cloud access, Internet, and point-to-point links, offered as Network as a Service. It targets businesses needing scalable connectivity to public clouds and data centers, with high-capacity 100G/multi-100G transfer.

Founders & leadership

DW
David WardExecutive
MG
Michael GlickmanNamed on SEC filing
DS
David SachsNamed on SEC filing
NS
Neil SheridanNamed on SEC filing
CM
Chad MilamNamed on SEC filing

Board

RS
Rick ShrotriBoard director

Reported raises · per SEC filings

Form D private placements

$423.5M disclosed across 6 rounds · 2019–2023

$372.7MraisedApr 2023 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael GlickmanDirector
  • David SachsDirector
  • Neil SheridanDirector
  • Rick ShrotriDirector
  • Chad MilamExecutive Officer, Director
  • David WardExecutive Officer, Director
Offering amount
$372.7M
Amount sold
$372.7M
First sale
Mar 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$13.8MraisedFeb 2021 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Neil SheridanDirector
  • Richard ShrotriDirector
  • Chad MilamExecutive Officer, Director
  • Christopher DedicoatDirector
  • Vasa BabicDirector
  • David SachsDirector
  • David WardExecutive Officer, Director
Offering amount
$13.8M
Amount sold
$13.8M
First sale
Feb 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$9.9MraisedNov 2020 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Huanhuan GilmoreExecutive Officer
  • Christopher DedicoatDirector
  • David SachsDirector
  • Richard ShrotriDirector
  • David SachsDirector
  • Chad MilamExecutive Officer, Director
  • David WardExecutive Officer
  • Vasa BabicDirector
Offering amount
$9.9M
Amount sold
$9.9M
First sale
Oct 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedOct 2020 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David SachsDirector
  • Christopher DedicoatDirector
  • Vasa BabicDirector
  • Richard ShrotriDirector
  • David SachsDirector
  • Huanhuan GilmoreExecutive Officer
  • David WardExecutive Officer
  • Chad MilamExecutive Officer, Director
Offering amount
$5.3M
Amount sold
$5M
First sale
Oct 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10MraisedJul 2020 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chad MilamExecutive Officer, Director
  • Vasa BabicDirector
  • David WardExecutive Officer
  • Huanhuan GilmoreExecutive Officer
  • David SachsDirector
  • Christopher DedicoatDirector
  • Richard ShrotriDirector
Offering amount
$25M
Amount sold
$10M
First sale
Jul 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$12MraisedSep 2019 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chad MilamExecutive Officer, Director
  • Jezzibell GilmoreExecutive Officer
  • David SachsDirector
Offering amount
$25M
Amount sold
$12M
First sale
Aug 2019
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 7

by search overlap
ArrowPoint327 shared keywordsCisco provides networking, data center, and security technology for enterprises, including infrastructure to run traditional and AI workloads and tools to keep organizations running against cyberattacks and outages. Its platform connects networking devices and monitors security events across corporate networks.
Cloudflare Turnstile155 shared keywordsCloudflare provides a global cloud network platform delivering security, performance, and development services through sixty-plus integrated services including SASE, application security, and full-stack development infrastructure.
Netezza116 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Lightyear87 shared keywordsLightyear provides software solutions to improve B2B telecommunications operations, addressing inefficiencies in a largely static industry. The company serves telecom vendors and operators seeking to modernize their systems and customer relationships.
Meter87 shared keywordsMeter provides enterprise networking through a full-stack approach that combines its own hardware, software, and operations to deliver internet, networking, and Wi-Fi to organizations. It targets businesses of varying IT capabilities, from those with large network engineering teams to small IT staff.
Auvik Networks81 shared keywordsAuvik is a cloud-based AI-powered IT operations platform that helps managed service providers and IT departments monitor and manage networks, SaaS applications, and endpoints. The platform serves IT teams and organizations managing distributed work environments.
Juniper Networks80 shared keywordsJuniper Networks is an enterprise networking company that provides AI-native, self-driving network solutions including wireless infrastructure, SD-WAN, and routing technologies designed to reduce operational complexity and costs.

Companies competing with PacketFabric for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does PacketFabric do?
PacketFabric operates an API-driven, self-service platform for on-demand network connectivity, including cloud access, Internet, and point-to-point links, offered as Network as a Service. It targets businesses needing scalable connectivity to public clouds and data centers, with high-capacity 100G/multi-100G transfer.
How much funding has PacketFabric raised?
PacketFabric has disclosed $423.5M raised across 6 rounds.
Where is PacketFabric headquartered?
PacketFabric is headquartered in Culver City, US.