According to filings with the U.S. Securities and Exchange Commission, PacketFabric is raising $372,680,980.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, David Ward played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About PacketFabric
PacketFabric is the Connectivity Cloud, designed from the ground up for scale, performance, programmability, elasticity, and security without compromise, enabling enterprises to build an agile cloud core that delivers optimal digital business outcomes. PacketFabrics Network-as-a-Service (NaaS) platform leverages a massively scalable private optical network, the latest in packet switching technology, and end-to-end automation. PacketFabric delivers on-demand, private, and secure connectivity services between hundreds of premier colocation facilities and cloud providers across the globe. IT, network, and DevOps teams can deploy cloud-scale connectivity in minutes via an advanced Application Program Interface (API) and web portal. PacketFabric was recognized as the 2020 Fierce Telecom Innovation Award for Cloud Services, named one of the 10 Hottest Networking Startups of 2020 by CRN, a Futuriom 40 Top Private Company, and a 2020 Cool Vendor in Enhanced Internet Services and Cloud Connectivity by Gartner. PacketFabric investors include NantWorks and Digital Alpha Advisors.

To learn more about PacketFabric, visit http://www.packetfabric.com/

Contact:
David Ward, Chief Executive Officer
844-475-8322
https://www.linkedin.com/in/dave-ward-3248b23/

SOURCE: http://www.intelligence360.io
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