Megaport

Megaport operates a global Software Defined Network (SDN) platform that provides on-demand network connectivity services. The company enables businesses to connect to cloud services, data centers, and other network infrastructure through a software-defined approach rather than traditional physical network connections. The platform offers several core services including direct cloud connections to major providers like AWS, Microsoft Azure, Google Cloud, IBM, Oracle, Alibaba, and Salesforce. Megaport Cloud Router (MCR) is a virtual Layer 3 routing service that allows customers to connect to and between cloud services without physical infrastructure. Megaport Virtual Edge (MVE) provides Network Function Virtualization (NFV) capabilities for on-demand edge networking deployments, with integrations for Cisco SD-WAN and Fortinet Secure SD-WAN. Additional services include Virtual Cross Connects (VXC) with 100G capabilities, WAN as a Service for global interconnection, Megaport Internet for dedicated internet connections, Data Center Interconnect, and AI Exchange. The company operates across more than 930 locations in 26 countries through partnerships with over 125 data center operators. Megaport serves enterprise customers requiring multi-cloud connectivity, hybrid infrastructure, and flexible bandwidth consumption. The platform is accessible through a self-service portal and API, allowing customers to provision and manage network connections programmatically. The company is publicly traded on the Australian Securities Exchange (ASX: MP1) and has grown from $2.6M in annual recurring revenue in 2015 to $226.6M in 2024.