PacketExchange‘s history
How PacketExchange became a leader in telecoms
PacketExchange‘s growth and success in attracting funding has been built on a foundation of innovation and cost efficiency. By staying lean and flexible we have maintained our leading industry position, earning a reputation for responsiveness and reliability.
• Launched in February 2002, PacketExchange was profitable within two years and has been so ever since
• In November 2004, Bank of Scotland Equity invested over £1.6 million in PacketExchange, commenting on its “strong management team and proven track record”.
• In January 2005, PacketExchange acquired XchangePoint, a company providing networks in metropolitan areas across Europe
• In April 2005, Cazenove Private Equity invested £3 million in PacketExchange
• In September 2006, PacketExchange was rated 18th in the Sunday Times TechTrack 100 league table of Britain‘s fastest-growing technology companies.
• In February 2008, DFJ Esprit and Bank of Scotland Growth Equity invest $12 million in PacketExchange for network growth and global expansion.
Contact us now to find out how PacketExchange can help your business.
