PacketFabric secures investment to advance global business
2 September 2019
PacketFabric has secured a $75 million joint venture investment from Digital Alpha Advisors.
PacketFabric
$25 million investment in PacketFabric growth
23 January 2018
CULVER CITY, CA – PacketFabric, the highly scalable, connectivity-as-a-service platform and a member of the NantWorks ecosystem of companies, has secured $25 million in Series B funding from lead investor NantCapital to support the rapid growth and high demand for its services since its launch in 2017.
The company has grown rapidly since completing its seed round in 2015, and now operates a U.S. footprint that includes more than 150 Points of Presence (PoPs) in 17 metro markets with a terabit-scale backbone.
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As the pandemic underlines the value of the internet more than ever, its underlying technology is making one of its biggest transitions for years.
The data centre market is a particularly wide-ranging one, with one of the driving forces in recent years the emergence of the hyperscale data centre or cloud service provider.
As the world struggles to settle into the ‘new normal’, today’s optical networks need to be flexible in their architecture blueprint, while adapting to new technologies to provide the kinds of new capacity and service options to meet accelerated demand for higher bandwidth.
To address the undeniable growing demand for higher bandwidth, optical vendors have been playing their role with the development of various coherent optical transceivers for different areas of the market, each with its own set of design considerations.
The demand for bandwidth has unarguably skyrocketed in recent years, thanks largely to the increased appetite for online gaming, content streaming and social-media use.
The importance of reliable connectivity has never been more recognised than it is now. While ambitious targets have been in place across the world for fibre deployment for some time, the ongoing pandemic has served to push it to the forefront.
Looking into the future of telecommunications, it could be argued that AI and telcos will effectively transform each other, explains Raf Meersman
How do we, as an industry, build better broadband for a post-pandemic world? The answer could be fixed, suggests Stefaan Vanhastel
Altnets could be the key to connecting rural areas in 2021, argues Michael Armitage
A glance at the current market for fifth-generation coherent optics, and some of the latest developments available
