How Much Did Plume Raise?
Funding & Key Investors

Plume, a prominent innovator in the smart home technology sector, has successfully secured a total of $701.3M in capital to date. This trajectory of financial backing underscores the company's pivotal role in the evolution of cloud-controlled network management. Most recently, the firm finalized a $300M major strategic investment, a move that reinforces its market position as a critical partner for global communication service providers seeking to enhance residential and small business connectivity experiences.

What is Plume?

Plume
SoftwareNetworking SoftwareMobile App Development

Headquartered in Palo Alto, California, Plume operates as a sophisticated software-as-a-service provider, delivering an AI-driven platform that transforms how internet service providers manage the connected home. By leveraging machine learning, the company offers a comprehensive suite of services, including adaptive WiFi optimization, cybersecurity, and IoT device management. Plume's technology is deployed through compatible hardware, enabling telecommunications companies to offer differentiated, high-performance services that address the increasing complexity of modern home networks. The platform's ability to provide visibility and control over millions of connected devices positions Plume as a foundational layer in the global smart home ecosystem, bridging the gap between raw connectivity and intuitive user experiences.

How much funding has Plume raised?

Plume has raised a total of $701.3M across 5 funding rounds:

2016

Series B

$4.7M

2017

Series C

$41.6M

2020

Series D

$85M

2021

Series E

$270M

Unspecified

$300M

Series B (2016): $4.7M with participation from Spark Capital, Liberty Global Ventures, and Jackson Square Ventures

Series C (2017): $41.6M led by Capmont and Presidio Ventures

Series D (2020): $85M supported by Belkin International Inc, Liberty Global, Charter Communications , Inc., Service Electric Cablevision, WestRiver Group, Silicon Valley Bank, Shaw Communications, and Qualcomm

Series E (2021): $270M featuring Insight Partners

Unspecified (2021): $300M backed by SoftBank Vision Fund 2

Key Investors in Plume

Insight Partners

A private platform purpose-built for software portfolio company leaders, fostering connections and providing strategic support to scale high-growth technology enterprises.

Liberty Global

A world leader in converged broadband, video, and mobile communications, actively investing in infrastructure and technology ventures to drive the next generation of connectivity.

Qualcomm

A global leader in wireless innovation, developing advanced semiconductor technologies and intelligent computing platforms that power the modern connected world.

What's next for Plume?

With the infusion of $300M, Plume is well-positioned to accelerate its global expansion and deepen its technological moat. The company's strategic focus will likely center on scaling its AI-driven network intelligence to support the next generation of 10 Gbps broadband infrastructure. By continuing to integrate advanced motion sensing and enhanced threat protection, Plume aims to solidify its status as the primary operating system for the smart home. As the demand for seamless, secure, and high-performance connectivity continues to rise, Plume's ability to provide actionable insights to service providers will remain a key driver of its long-term growth and market dominance.

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Frequently Asked Questions Regarding Plume Financial Insights

What are the most recent funding rounds that Plume has completed, and what were the funding rounds?
Plume has recently completed 3 funding rounds: Unspecified on Oct 12, 2021, Series E on Feb 23, 2021, Series D on Feb 26, 2020.
What is the total amount of funding Plume has raised to date?
Plume has raised a total of $701.3M in funding to date.
How many funding rounds has Plume completed?
Plume has completed 3 funding rounds.
How much funding did Plume raise in its most recent funding round?
Plume raised $300M in its most recent funding round.
Who are the lead investors in Plume's latest funding round?
The lead investor in Plume's latest funding round was SoftBank Vision Fund 2. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Plume's history?
The largest funding round in Plume's history was $300M.
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