News and Press Releases
The latest news from PacketExchange is here, along with all our past press releases. For press and media enquiries, contact packetexchange@gbc.co.uk
PACKETEXCHANGE PARTNERS WITH CRG WEST TO EXPAND NORTH AMERICAN PRESENCE
2008-02-20
San Francisco, CA, Feb. 20, 2008 – PacketExchange, a leader in wide-area Internet exchange services, today announced its partnership with CRG West, one of the largest managers of carrier-neutral data centers in North America. By partnering with CRG West, PacketExchange will significantly increase its addressable peering community in North America, while also adding CRG West‘s premier data centers to its wide-area peering network portfolio.
PACKETEXCHANGE CLOSES $12 MILLION IN SERIES B FUNDING AND APPOINTS NEW CEO
2008-02-06
San Francisco, CA, Feb. 6, 2008 – PacketExchange, a leading provider of wide-area Internet exchange services, today announced it has closed $12 million in Series B funding. The round was led by existing investors, DFJ Esprit, Draper Fisher Jurvetson‘s exclusive venture capital partner in Europe and Bank of Scotland Growth Equity, part of the HBOS Group. In conjunction with the funding, PacketExchange also announced the appointment of Rick Mace to CEO to lead the company in its next phase of growth.
2007-10-24
London and San Francisco, 24th October 2007 – PacketExchange, the leading provider of private high-speed internet networks, today announced that it ranked 49th out of the 50 fastest growing technology companies in the UK in this year‘s Deloitte Technology Fast 50.
PACKETEXCHANGE BRINGS NEW RADIOHEAD ALBUM TO FANS ACROSS THE GLOBE IN RECORD TIME
2007-10-11
London UK, 11th October 2007 – British Band Radiohead made its brand new album ‘In Rainbows‘ available for download to fans across the world this week. By doing this, Radiohead posed a bold challenge to the traditional music industry‘s business model by offering its new album via digital download at a price open to fans‘ discretion.
KIERON O‘BRIEN SPEAKS OF THE "OTHER INTERNET"
2007-05-10
Telecom Markets, Informa newsletter 10th May 2007 – Over the past few years there has been a significant shift in people‘s behaviour on the internet. A new generation of users – Me.com – has emerged; characterised by an addiction to instant gratification and an obsession with self-expression and internet fame. This shift has resulted in an anthropological change among users where new virtual societies and ways of communicating and interacting have been born.
RED HERRING NAMES PACKETEXCHANGE AS A FINALIST OF RED HERRING 100 EUROPE
2007-03-20
Cannes, France 20th March 2007 – Red Herring names PacketExchange as a Finalist of Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.
PACKETEXCHANGE BRINGS BEBO AND CUSTOMERS CLOSER TOGETHER
2007-03-07
London UK, 7th March, 2007 – Bebo, Inc., one of the largest social networking sites in the world with over 31 million registered users, has selected PacketExchange to improve its overall website performance and customer user experience.
ITIVA PARTNERS WITH PACKETEXCHANGE
2006-11-29
Palo Alto, Calif., November 29th, 2006 – Itiva Digital Media, the first cost-effective, high quality video Content Delivery Network (vCDN), has partnered with PacketExchange, the leading global provider of private high-speed internet transport services.
PACKETEXCHANGE LAUNCHES VOXIMITY™ AND FACILITATES WORLD‘S FIRST NETWORKED VOICE EXCHANGE
2006-05-16
Stockholm, 16 May, 2006 – Wide area peering innovator, PacketExchange, has announced the creation of VoXimity™ – a leading, private IP backbone which is set to transform the interconnection of European VoIP traffic with all VoIP, fixed, mobile and wireless service providers worldwide.
Read more >>
PACKETEXCHANGE PROVIDES IP BACKBONE FOR ENHANCED SERVICE DELIVERY TO ARBINET MEMBERS
2006-04-25
Network communications specialist, PacketExchange has announced a new agreement with Arbinet thexchange, the leading electronic market for trading, routing and settling communications capacity.
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Packet Exchange and PNW Net send ASI broadcast video over transcontinental Ethernet VLAN using economical Pleora IP engine
2006-04-24
Trial paves way for new class of broadcast video transport services based on low-cost equipment and affordable, dedicated Ethernet connections
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PASSWORD DOUBLE ENCRYPTION SHOWS BANKS ON BACK FOOT OVER CUSTOMER ACCOUNT SECURITY
2006-03-27
Moves by banks to introduce progressively more encryption for online customers to beat cyber criminals are to be welcomed, but may be too little, too late, according to top technology firm, PacketExchange.
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2006-03-21
PacketExchange has advised Internet connectivity providers to the online gaming and gambling industries that they won‘t get a second chance to meet the high standards of home users swept up by the unprecedented surge in multiplayer games and online gambling options in 2006.
Read more about online data security >>

PacketExchange, has hit back at proponents of a two tier internet system, on the basis that the debate surrounding the ‘end of egalitarianism‘ should not be confused with the industry-wide need to overcome the performance limitations of the Internet as we know it.
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STRONG INTERNET USAGE FIGURES MASK LEGACY OF POOR SERVICE PROVISION IN SAYS PACKETEXCHANGE
2006-03-15
Network communications specialist, PacketExchange, has warned that the large volumes of new enterprise and domestic users of the Internet coming forward in 2006 stand to be hardest hit by massive performance limitations in existing technology…
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PRIVATE INTERNET OFFERS ONLY EXTORTION FREE FUTURE TO GAMING AND BETTING SECTORS
2006-01-23
The private communications networks already used by some of the world‘s largest content providers and ISPs to bypass delays in cyberspace, represent the only viable long-term alternative for the gaming and gambling sector…
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NEXT GENERATION SECURITY CHALLENGES HIGHLIGHT MASSIVE VULNERABILITY OF INTERNET
2006-01-19
PacketExchange Calls On Technology Sector To Safeguard Users.
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PACKETEXCHANGE SHORT-LISTED FOR METRO ETHERNET FORUM AWARDS
2005-11-24
PacketExchange, the network service provider has been short-listed by the Metro Ethernet Forum (MEF) for its annual prestigious “European Carrier Ethernet Service Provider of the Year” awards.
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UK‘s 14th FASTEST GROWING TECHNOLOGY COMPANY EXPANDS INTO ASIA
2005-09-29
PacketExchange, 14th in the recent Sunday Times Microsoft TechTrack 100, today announces the expansion of its network to Asia with the addition of a point of presence in Hong Kong.
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PACKETEXCHANGE SECURES TOP RANKING IN INDEX OF FASTEST GROWING TECHNOLOGY COMPANIES
2005-09-26
Network services provider, PacketExchange, has been ranked as one of the UK‘s fastest growing technology companies this year, in a poll conducted by the Sunday Times.
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UK
2005-09-22
UK businesses are continuing to lose billions of pounds each year through an insufficient focus on safeguarding systems from attack by hackers and hi-tech extortionists.
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PacketExchange provides a faster and more reliable service to residential broadband users.
2005-09-12
PacketExchange, the Internet Peering innovator, today announces that ntl has added its name to a list of leading broadband suppliers connecting to the PacketExchange ProXimity Network.
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PacketExchange: without peers?
2005-05-04
PacketExchange, a wide-area peering provider, launched two new services last month — eXpress and eXpand.
Read more (from Telecommunications Online) >>

Government VPN internet provider selected
2005-04-20
The Department of Finance has selected international network services provider PacketExchange to provide internet access for users of the government virtual private network (GVPN).
Read more (from SiliconRepublic) >>

Wide-Area Peering Could Be New Internet Paradigm
2005-04-18
Peering and transit models cannot deliver the high performance and quality required by new internet applications. Enterprises, content generators and aggregators need low-cost, high-performance platforms to consistently deliver services to customers. Virtual peering may be the answer.
Read more (from Yankee Group) >>

Esprit Capital Partners backs PacketExchange
2005-04-12
Esprit Capital Partners LLP (formerly Cazenove Private Equity) is the latest top investor to back network service provider PacketExchange. Its £3 million investment, in exchange for a minority stake in the company and a Board seat, builds on successive 2004 inward funding from multiple investors, including Bank of Scotland Equity and GPX Ltd.
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PacketExchange aquires Xchangepoint and gains new investment
2005-01-17
PacketExchange, the Internet peering innovator, today announced the acquisition of XchangePoint, the pan-European metro area interconnectivity company, for an undisclosed sum. The acquisition, which follows Bank of Scotland Equity‘s (HBOS) $3 million investment in PacketExchange in November 2004, forms part of the company‘s stated aim of accelerating its growth by expansion into continental Europe.
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PacketExchange receives investment to drive growth
2004-11-16
Bank of Scotland Equity has today announced an investment package of over $3 million in exchange for a minority equity stake in UK-based connectivity Company, PacketExchange.
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PacketExchange launches international music editing service
2004-01-29
Hi-tech communications specialist, PacketExchange, has announced that its ProXimity wide area peering service is to made available to the music recording industry.
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