# Packet funding: rounds and investors

> Packet has raised $36M across 3 rounds since 2014. Investors include Battery Ventures, Samsung Next and SoftBank. Every round with its source.

Source: https://millionrounds.com/company/packet (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Packet*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cloud

Funding summary Updated 26 Oct 2026

**$36M** raised across 3 rounds since 2014, from 3 sources

**$1.3M** Seed **$9.4M** Series A **$25M** Series B

- **Latest round:** Series B, $25M Sept 2018
- **Step-up i:** 2.7×
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018

**$1.3M** Seed

**$9.4M** Series A

**$25M** Series B

- **First round:** Seed, $1.3M
- **Biggest round:** $25M
- **Usual gap between rounds:** 2 years

## The rounds

- **Sept 2018** Series B **$25M** *4 new* [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Samsung Next](https://millionrounds.com/fund/samsung-next) [SoftBank](https://millionrounds.com/fund/softbank-2) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Source recorded
- **Sept 2016** Series A **$9.4M** *1 new* [SoftBank BB Corp](https://millionrounds.com/fund/softbank) Reported by FinSMEs
- **Nov 2014** Seed **$1.3M** *2 new* [Blue Ant Investments](https://millionrounds.com/fund/blue-ant-investments) [David Wadler](https://millionrounds.com/fund/david-wadler) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Series A** 2016 **Series B** 2018 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Samsung Next](https://millionrounds.com/fund/samsung-next) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank BB Corp](https://millionrounds.com/fund/softbank) [Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) [Blue Ant Investments](https://millionrounds.com/fund/blue-ant-investments) [David Wadler](https://millionrounds.com/fund/david-wadler)

## Everyone who backed them

[Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **1** round

[Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC **1** round

[SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round

[SoftBank BB Corp](https://millionrounds.com/fund/softbank) Company **1** round

[Dell Technologies Capital](https://millionrounds.com/fund/dell-technologies-capital) Corporate VC **1** round

[Blue Ant Investments](https://millionrounds.com/fund/blue-ant-investments) VC firm **1** round

[David Wadler](https://millionrounds.com/fund/david-wadler) Angel **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=packet).

## Also claim to have backed them

This firm lists Packet as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Dakota Venture Group](https://millionrounds.com/fund/dakota-venture-group) VC firm Per its own site

## Quick answers about Packet

### Who invested in Packet?

Packet's investors include Battery Ventures, Samsung Next, SoftBank, SoftBank BB Corp and Dell Technologies Capital, and 2 more on record.

### How much has Packet raised?

Packet has raised $36M across 3 rounds since 2014.

### When did Packet last raise?

Packet's most recent round was a Series B of $25M in Sept 2018.

### What was Packet's biggest round?

Its most recent round, $25M in Sept 2018, is also its largest on record.

### Who backed Packet first?

Packet's first round on record, in Nov 2014, was backed by Blue Ant Investments and David Wadler.

### What stage is Packet at?

Packet's latest named round is a Series B, in Sept 2018.

### Where is Packet based?

Packet is based in the United States.

## Companies like Packet

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Tasklet** $13M · Oct 2026](https://millionrounds.com/company/tasklet)[**VEIR** $185M · Oct 2026](https://millionrounds.com/company/veir)[**Namespace** $42M · Oct 2026](https://millionrounds.com/company/namespace)[**Lambda** $6.8B · Oct 2026](https://millionrounds.com/company/lambda)

## Find investors like these

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