What is Megaport?
Megaport operates as the world's foremost provider of Network as a Service (NaaS) solutions. Leveraging Software-Defined Networking (SDN), its innovative platform empowers customers globally to deploy and manage network services with unprecedented ease and control. Users can directly orchestrate these services via mobile applications, desktop interfaces, or through an open API, offering flexibility and efficiency. Headquartered in Queensland, Australia, Megaport is instrumental in enabling businesses to scale their network infrastructure seamlessly to meet dynamic demands.
How much funding has Megaport raised?
Megaport has raised a total of $199.9M across 8 funding rounds:
Stock Offering
$17M
Share Placement
$12.1M
Share Placement
$18.9M
Share Placement
$8M
Share Placement
$34M
Share Placement
$34M
Share Placement
$42.1M
Share Placement
$34M
Stock Issuance/Offering (2015): $17M, investors not publicly disclosed
Share Placement (2016): $12.1M, investors not publicly disclosed
Share Placement (2017): $18.9M, investors not publicly disclosed
Share Placement (2017): $8M featuring Digital Realty Trust
Share Placement (2018): $34M, investors not publicly disclosed
Share Placement (2019): $34M, investors not publicly disclosed
Share Placement (2019): $42.1M, investors not publicly disclosed
Share Placement (2020): $34M, investors not publicly disclosed
Key Investors in Megaport
Digital Realty Trust
Digital Realty Trust is a global provider of data center, colocation, and interconnection solutions. Their PlatformDIGITAL® offers a secure data meeting place, enabling connected data communities through an extensive global data center footprint across numerous metros and countries.
What's next for Megaport?
With substantial enterprise-level backing and a recent strategic investment, Megaport is well-positioned for accelerated growth and market leadership. The company's focus on SDN and its robust NaaS platform are critical enablers for enterprises navigating complex connectivity requirements. Future developments are likely to center on expanding its global footprint, enhancing its service portfolio, and deepening its integration capabilities with cloud providers and other digital infrastructure players. This strategic financing will support ongoing innovation and solidify Megaport's competitive advantage in the rapidly expanding cloud networking sector.
See full Megaport company page
