- Submission
- Discovery
- Evaluation
- Commercialization
- Scaling
Employee Count
101-250
Website
Founded On
08/02/2019
Funding Status
Round A
Total Funding Amount
$ 100,000M
Funding Rounds
2Rounds
Domain
Cloud Services
Product Stage
Alpha
Business Model
Subscription
Potential BUs Interest
IT
Geographical Location
Greece
Company Locations/Offices
London, England, United Kingdom
Contact Person Details
Raja Hull
vel.pede.blandit@vel.org
1-541-590-9129
Source Of Contact
Press/News Article
Categorisation
Biometrics, Classifieds, Sharing Economy, Software
Main technology area
Artificial Intelligence
Maturity
IPO
Additional resources / links / articles
PacketFabric develops a next-generation networking platform to redefine network connectivity. It is a private layer 2 network as a service, providing scalable and secure connectivity between colocation facilities, to major cloud providers, and Internet Exchanges. PacketFabric is cost-effective and scalable network connectivity and all of its services are provided via the company's portal and API. PacketFabric was founded on 2015 and is headquartered in Culver City, California.
Meeting date
10/05/2015
Meeting Summary
The first page already has at least half a dozen commercial, enterprise-grade solutions. I believe that this would be a waste of resources, as we can get a turnkey solution for less time and money needed to build a custom solution. There is no value-added in 'keeping the knowledge in house'. Also, how significant a problem is this, in real-life? The last question isn't a critique, it's honest curiosity.
Solution Assessment
Europe’s crisis is blamed for part of the U.S. slowdown, as trade between the two giants economies slows and fears of another financial crisis keep businesses and consumers on the defensive.
Annual Recurring Revenue
k$ 150,000
Gross Margin
k$ 225,000
User Base
1,000 k Users
Internal Evaluation
Your idea is very good and in fact we thought it because it would also facilitate us life. We had a very important transition inthe Last few years. During this transfer we have not materialized everything we wanted and s-priority is given to the reliability of the payroll and the documents they produce.
Forecasted Impact
k$ 450,000
PoC Due Date
22/01/2018
Initial Release date
26/02/2018
Commercial Intent
Buy
Implementation Efforts (man/days)
1,500 man/days
Implementation Cost
k$ 50
M&A Completion Progress
45 %
Actual Impact
k$ 495,000
Owner
Product Manager
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