Pax8
Company

Last deal

$50M

Amount

Debt Financing

Stage

05.09.2023

Date

3

all rounds

$400.52M

Total amount

Financing round

General

About Company
Pax8 simplifies cloud solutions for organizations, empowering partners to achieve more.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Nuage 8

founded date

01.01.2012

founders

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Pax8 is a cloud commerce marketplace that connects channel partners with cloud-based solutions from vendors like Symantec and SilverSky. Their platform, the Pax8 Command Console, streamlines quoting, ordering, provisioning, support, and billing for multiple cloud services. With collaborative customer acquisition programs and marketing on-demand, Pax8 enables partner growth. Founded in 2012 and based in Greenwood Village, Colorado, Pax8 is a value-added distributor of cloud-based applications for the IT industry.
Contacts

Contact Email

Website URL

Social url

Legal Names

Legal name

Pax8, Inc.
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3

Number of Funding Rounds

$400.52M

Money Raised

Their latest funding was raised on 05.09.2023. Their latest investor HSBC. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
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Location

Palo Alto, CA, USA

count Of Investments

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Co-Investors
Investors
7
4

Number of lead investors

7

Number of investors

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Lead 
Round 
Partners 
Yes
Debt Financing
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Venture - Series Unknown
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Private Equity, Venture - Series Unknown
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Scott Stuart

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current job

Sageview Capital
Sageview Capital

count Of Investments

1
Acquisitions
6
Acquiree Name 
Date 
Price 
Acquisition Name 
Bam Boom Cloud acquired by Pax8

Bam Boom Cloud acquired by Pax8

acquirer

Pax8
Pax8

date

02.02.2023

type

Acquisition
Bam Boom Cloud

Bam Boom Cloud

Bam Boom Cloud is a technology consultancy that simplifies the implementation of Microsoft Cloud solutions for small and medium businesses.

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Umbrellar acquired by Pax8

Umbrellar acquired by Pax8

acquirer

Pax8
Pax8

date

01.08.2022

type

Acquisition
Umbrellar

Umbrellar

Umbrella is a cloud service provider offering web hosting, domain names, and more.

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Subsector

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TVG acquired by Pax8

TVG acquired by Pax8

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People

Founders
1
John Street
John Street

John Street

John Street is an award-winning entrepreneur in the telecommunications and Internet messaging industries who has built three businesses that garnered Inc. 500 status.Prior to founding Pax8 in 2012, he built MX Logic into the world's largest independent provider of cloud-based email and web security. That company was acquired by McAfee, Inc., in 2009. John served as Chairman and CEO of USA.NET, Inc., and successfully raised over $100 million in private equity financing. At its peak, USA.NET managed more than 33 million mailboxes on behalf of its customers, including American Express, Palm, Netscape, Register.com and Goodyear. John also served as Chairman and CEO of Telephone Express, a provider of long distance services, and grew the company from startup to over $80 million in annual sales before selling it in 1997. This sale resulted in a payback to the original investment partners in excess of 1,200 times their original investment over a nine-year period. John has served on several boards and has been involved in a wide variety of other startups, ranging from fulfillment services to direct sales and marketing ventures. He has also served on many civic boards and as a Peace Corps volunteer in the Philippines. A longtime supporter of the Colorado Springs Philharmonic Orchestra, John was executive producer for "Jumpin' Jazz Kids - A Swinging Jungle Tale", which was nominated for a 2013 Grammy Award in the Best Children's Album category. John has a bachelor's degree in business administration from the University of Notre Dame and is a CPA.

current job

Pax8
Pax8

organization founded

1

John Street

Employee Profiles
98
Puneet Pamnani

Puneet Pamnani

CFO

Lane Brannan

Lane Brannan

Chief Revenue Officer - Americas

Frank Bauer

Frank Bauer

Vendor Success Manager

Rex Frank

Rex Frank

VP of Academy

Nick Bongi

Cloud generation specialist

Tremain Braimer

Cloud iaas executive

Ashlie Arnold

Ashlie Arnold

Rural Empowerment Programs Manager

Ross Defilippis

Head of digital marketing and social media

Activity

Recent News
32
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

week