Packeteer

Acquired

WAN Application Delivery

USA · $4.5M raised

Headquarters
USA
Employees
201–500
Business Model
B2B
Total Funding
$4.5M
Last Round
$4.5M Series BSep 1997
Rounds
2
Acquisition Date
Jun 2008

About

Packeteer, Inc. was a publicly traded IT company (Nasdaq: PKTR) and global market leader in WAN optimization and application performance management, with over 60,000 systems deployed worldwide. Founded in 1996 by Robert Packer, Brett Galloway, and Bob Luxenberg in Cupertino, California. Packeteer was acquired by Blue Coat Systems in June 2008 for approximately $268 million, which was subsequently acquired by Symantec in 2016.

Summary

Packeteer is an Infrastructure company based in USA. It has raised $4.5M in total across 2 rounds, most recently a $4.5M Series B round in Sep 1997. Investors include Blue Coat Systems and William Stensrud.

Funding History

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AcquisitionJun 2008
$268.0M

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