2024 Revenue
$35M
Customers
160
Funding
$109.9M
Avg ACV
$218.8K
Team
91
Founded
2015
PacketFabric Revenue & Funding (2024)
PacketFabric generated $35M in revenue in 2024. Source: leadiq.com
Provider of a network connectivity management platform designed to deliver coast to coast connectivity across North America. The company redefines how companies procure, consume and manage their network connectivity services, leveraging an entirely automated SDN-based network architecture and the latest in optical and packet switching technology, enabling networking companies to offer dynamic, real-time connectivity services between major carrier-neutral colocation facilities at terabit-scale.
Last updated
PacketFabric Revenue
In 2024, PacketFabric's revenue reached $35M. The company previously reported $21.4M in 2024. Since its launch in 2015, PacketFabric has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | PacketFabric Hit $35m revenue in November 2024 | leadiq.com |
| 2024 | PacketFabric Hit $21.4m revenue in October 2024 | Estimated |
| 2023 | PacketFabric Hit $15.6m revenue in October 2023 | Estimated |
| 2021 | PacketFabric Hit $10.1m revenue in April 2021 | Not recorded |
| 2015 | Launched with $0 revenue |
PacketFabric Valuation, Funding Rounds
PacketFabric has not publicly disclosed its valuation. The company has raised $109.9M in total funding to date.
PacketFabric has raised $109.9M in total funding across 3 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $9.9M | - | - | Not recorded |
| 2019 | Funding round | $75M | - | - | Not recorded |
| 2018 | Funding round | $25M | - | - | Not recorded |
Founder / CEO
Customers
PacketFabric serves 160 customers.
PacketFabric Employees & Team Size
PacketFabric employs approximately 91 people as of 2026, down from 108 in 2023. It serves 160 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 91 employees (December 2024) | Not recorded |
| 2024 | Reached 108 employees (October 2024) | Not recorded |
| 2023 | Reached 108 employees (October 2023) | Not recorded |
| 2022 | Reached 84 employees (October 2022) | Not recorded |
| 2021 | Reached 84 employees (December 2021) | Not recorded |
| 2021 | Reached 134 employees (April 2021) | Not recorded |
Frequently Asked Questions about PacketFabric
What is PacketFabric's revenue?
As of 2024, PacketFabric generated $35M in revenue.
Who founded PacketFabric?
PacketFabric was founded by Dave Ward.
Who is the CEO of PacketFabric?
The CEO of PacketFabric is Dave Ward.
How much funding does PacketFabric have?
PacketFabric raised $109.9M across 3 rounds.
How many employees does PacketFabric have?
As of 2024, PacketFabric had 91 employees.
Where is PacketFabric headquartered?
PacketFabric is headquartered in Culver City, California, United States.
Compare PacketFabric to the industry
PacketFabric operates across multiple industries. Browse revenue, funding, and growth data for PacketFabric in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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