When was Packet Design founded?

Packet Design was founded in 2003 and raised its 1st funding round within a year of its incorporation.

Where is Packet Design located?

Packet Design is headquartered in Austin, United States. It is registered at Austin, Texas.

How many employees does Packet Design have?

As of Aug 31, 2026, the latest employee count at Packet Design is 15.

Is Packet Design a funded company?

Packet Design is a funded company, having raised a total of $47.1M across 11 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 2003.

When was the latest funding round of Packet Design?

Packet Design's latest funding was a $***** Series D round on Sep 28, 2012, with participation from 0 investor.

Where does Packet Design rank among its competitors?

Packet Design ranks 41st amongst 352 active competitors, of which 22 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was DriveNets, which secured $410M in Apr, 2026.

Who are the top competitors of Packet Design?

Packet Design's top competitors include Cisco, Comviva and Astera Labs. Among them, DriveNets secured the most recent funding round in April, 2026.

Packet Design - 2026 Company Profile, Team, Funding & Competitors

Packet Design is an acquired company based in Austin (United States), founded in 2003 by Scott Sherwood. It operates as an IP network route analytics, monitoring, and planning solutions provider. Packet Design has raised $47.1M in funding from investors like Juniper Networks, Mayfield and Advanced Technology Ventures. The company has 352 active competitors, including 22 funded and 83 that have exited. Its top competitors include companies like Cisco, Comviva and Astera Labs.

Company Details

Packet Design provides IP traffic and routes analysis solutions for enterprises, mobile operators, cable and broadband providers, enterprises, and government. Its platform optimizes the performance and manages the IP networks using a unique combination of route analytics and Netflow data.

Website: packetdesign.com
Registered Address: Austin, Texas

Key Metrics

Founded Year

2003

Location

Austin, United States

Stage

Acquired

Total Funding

$47.1M in 11 rounds

Latest Funding Round

Series D, Sep 28, 2012, $*****

Investors

Juniper Networks & 8 more

Ranked

41^st among 352 active competitors

Employee Count

15 as on Aug 31, 2026

Similar Companies

DriveNets & 149 more

Exit Details

Acquired by Ciena (May 31, 2018)

View Packet Design's full profile

Packet Design is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PACKET DESIGN LLC CIN: 461924087 , United States, Active	Jan 21, 2013	-	8 (As on Dec 31, 2019)	-

Packet Design got acquired by Ciena on May 31, 2018.

Click here to take a look at Packet Design's acquisition in detail

Packet Design has raised a total funding of $47.1M over 11 rounds. Its first funding round was on Mar 2003. Packet Design has 9 institutional investors.

Here is the list of recent funding rounds of Packet Design:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 28, 2012	9502394	Series D	3965568	3468939	6799736	9115851
Jun 12, 2012	3618595	Series D	7766239	7453870	5453010	8032241
Nov 29, 2011	8608191	Conventional Debt	7118864	3950170	5452824	1644308

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View details of Packet Design's funding rounds and investors

The founders of Packet Design is Scott Sherwood.

Here are the details of Packet Design's key team members:

Scott Sherwood: Founder of Packet Design. They serve on the board of 1 company.

View details of Packet Design's Founder profiles and Board Members

Packet Design's employee count trend

Packet Design has 15 employees as of Aug 26. Here is Packet Design's employee count trend over the years:

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Top competitors of Packet Design include Cisco, Comviva and Astera Labs. Here is the list of Top 10 competitors of Packet Design, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cisco 1984, San Jose (United States), Public	Provider of AI infrastructure, secure networking, and software solutions	$2.5M	Western Technology Investment, Greyrock Investments ... & 34 others	83/100
2nd	Comviva 1999, Gurugram (India), Acquired	Developer of platforms for digital payments, marketing, and business operations	$13.5M	Cisco, Sequoia Capital & 27 others	77/100
3rd	Astera Labs 2017, Santa Clara (United States), Public	Provider of IT suite services	$232M	Fidelity Investments, Sutter Hill Ventures ... & 7 others	71/100
4th	Synchronoss 2000, Bridgewater (United States), Acquired	SaaS-based platform providing subscriber analytics, network asset management, and cloud services	$34M	Adams Street Partners, Saints Capital & 12 others	70/100
5th	DriveNets 2015, Ra'anana (Israel), Series D	Developer of software-based cloud networking solutions for service provider and AI networks	$997M	Atreides Management, C4 Ventures & 14 others	69/100
6th	Neusoft 1991, Shenyang (China), Public	IT solutions and service provider	-	Legend Capital, Intel Capital & 6 others	67/100
7th	NetScout 1985, Westford (United States), Public	Provider of network performance, observability, cybersecurity, and DDoS solutions	$6M	Silver Lake, TA Associates & 4 others	65/100
8th	Amdocs 1982, Chesterfield (United States), Public	Cloud-based OSS and BSS solutions provider	-	Norwest, SG Americas Securities & 5 others	65/100
9th	Allot 1996, Hod Hasharon (Israel), Public	Cloud based platform offering network management software	-	Demtech, Walden Israel & 8 others	65/100
10th	Aprecomm 2016, Bengaluru (India), Acquired	Provider of AI driven solutions for wired and Wi-Fi network performance	$3.91M	ACT	63/100
41st	Packet Design 2003, Austin (United States), Acquired	IP network route analytics, monitoring, and planning solutions provider	$47.1M	Counterview Capital, AllegisCyber Capital ... & 7 others	46/100