Procket Networks
Procket Networks has developed Concurrent Services Routers that change today&s;s Internet into a highly reliable &a; profitable new network.
Business Model: B2B
Revenue: $0
Employees: 51-500
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Detailed Procket Networks Information
Procket Networks was acquired by
Cisco.
The acquisition happend on 2004-06-18.
Details of the transaction were not public
Acquirer
Geographic Data
Address:
City: Milpitas
State: California
Zip:
Country: United States
Financial Info
Stage:
series c
Raised Last:
$238M
Raised Total:$256M
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Description
Procket Networks has developed Concurrent Services Routers that change today&s;s Internet into a highly reliable, scalable and profitable new network. They let their customers focus on building successful businesses rather than troubleshooting their networks. Their team of proven network and silicon architects set out to solve the problems plaguing today&s;s Internet including 20 year old software, unreliable routing hardware and the lack of intelligent network management systems that are resulting in traffic congestion, low reliability, poor scalability and reduced profitability. Procket Networks has fundamentally redesigned the network from the ground up with breakthrough software, silicon, high-availability routing systems and service intelligence innovations that are designed to make the new network always available, effortless, reliable, predictable, economical and dependable.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/1999 | Series A | $14M | 1/2002 | Series C | $238M | 6/2000 | Series B | 2 | $3.5M |
Redpoint U.S. Venture Partners Redpoint U.S. Venture Partners |
1/1999 | Venture Round | 1 | - |
New Enterprise Associates New Enterprise Associates |
1/1999 | Venture Round | 1 | - |
New Enterprise Associates New Enterprise Associates |
|---|
| Announced Date | Name | Price |
|---|
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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