Packet Design, Inc., develops and markets network solutions that leverage the distributed intelligence of the Internet Protocol (IP) to enhance the reliability, efficiency and predictability of IP networks. Our unique IP routing and traffic analysis solutions enable unprecedented visibility, analysis and diagnosis of an enterprise or service provider’s IP network, improving network availability and performance while reducing operating costs and delivering a strong ROI.
Packet Design, Inc., was spun out in March 2003 from Packet Design, LLC, the fourth networking startup of entrepreneurs Judy Estrin and Bill Carrico. The Estrin-Carrico team had previously founded Bridge Communications, Network Computing Devices and Precept Software; and Estrin served as chief technology officer at Cisco Systems from 1998 to 2000. Packet Design, Inc., has raised $24 million in private funding.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 10/03/06 | Series C | 7.5M | Buckhead Investment Partners, Advanced Technology Ventures, Allegis Capital, Foundation Capital, Lightspeed Venture Partners, Masthead Venture Partners, Mayfield Fund, Weber Capital Management, Sun Microsystems | Unknown |