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PacketFabric Launches New Product

Culver City-based PacketFabric, a network connectivity provider backed by NantWorks and Digital Alpha Advisors, said it has launched a new product called Cloud router. The company said its new product is aimed at enterprises and small businesses, and provides connectivity to multiple cloud providers. The company says its product can be used for data transfer, disaster recovery, distributed cloud applications and managed Layer 3 connectivity. PacketFabric is led by CEO Dave Ward.