Data Center Connectivity Startup PacketFabric Raises $25M

PacketFabric, the data center connectivity startup that’s built a software-defined networking platform that stretches across 150 colocation facilities located across the US, has raised a $25 million Series B funding round, provided by its original backer, the healthcare and biotech company NantWorks.

PacketFabric’s private Layer 2 Ethernet network is designed for easy, automated connectivity provisioning and transfer of large amounts of data. The aim is to give data center users a way to provision network links the same way someone provisions a virtual server on Amazon Web Services – something several startups, such as Megaport and Console, are currently aiming for.

“This next-generation internet innovation of interconnectivity on demand will enable big data transport as a platform for multiple industries,” Dr. Patrick Soon-Shiong, the Los Angeles-based multibillionaire physician and entrepreneur who is chairman and CEO of NantWorks, said in a statement.

PacketFabric’s network points of presence are located in data centers operated by the likes of Equinix, CoreSite, Digital Realty Trust, and QTS, among others, in Northern Virginia, New York, Chicago, Atlanta, Miami, Dallas, Los Angeles, Silicon Valley, and more.

Besides new funding, the company announced the addition of cloud on-ramps to its network. That means its customers can now provision connectivity to Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, Packet, and Markley Cloud Services.

Source: Data Center Connectivity Startup PacketFabric Raises $25M