What is PLUMgrid?
Founded in 2011 and headquartered in Sunnyvale, California, PLUMgrid is a recognized leader in secure and scalable virtual networking for OpenStack clouds. The company provides sophisticated software networking solutions designed to connect tenants, applications, and workloads across diverse environments, including hypervisors, virtualized systems, bare metal, and container-based architectures. By abstracting the underlying network complexity, PLUMgrid enables organizations to achieve greater operational efficiency and security in their hybrid cloud deployments. Its market position is defined by its ability to bridge the gap between legacy infrastructure and modern, cloud-native requirements, making it a critical component for enterprises seeking to optimize their data center performance.
How much funding has PLUMgrid raised?
PLUMgrid has raised a total of $28.9M across 3 funding rounds:
Debt
$2M
Series A
$10.7M
Series B
$16.2M
Debt (2011): $2.1M, investors not publicly disclosed
Series A (2012): $10.7M led by U.S. Venture Partners and Hummer Winblad Venture Partners
Series B (2014): $16.2M supported by Hummer Winblad Venture Partners, Qualcomm Ventures, U.S. Venture Partners, and Longworth Venture Partners
Key Investors in PLUMgrid
U.S. Venture Partners
A prominent Silicon Valley venture capital firm specializing in early-stage investments across cybersecurity, enterprise software, and healthcare sectors.
Hummer Winblad Venture Partners
An investment firm focused on early-stage enterprise software and SaaS companies, providing deep operational expertise and strategic guidance.
Qualcomm Ventures
The venture capital arm of Qualcomm, focusing on global technology investments in wireless communication, intelligent computing, and networking infrastructure.
What's next for PLUMgrid?
With the successful closure of its latest funding round, PLUMgrid is well-positioned to scale its operations and deepen its penetration into the enterprise market. The strategic focus will likely center on enhancing its software-defined networking (SDN) capabilities to support the increasing adoption of container orchestration and microservices. By aligning its product roadmap with the evolving needs of hybrid data centers, the company aims to solidify its role as an essential infrastructure provider. Furthermore, the continued support from its diverse investor base provides not only the necessary capital but also the operational expertise required to navigate the complexities of the global cloud networking market, ensuring long-term sustainability and competitive advantage.
See full PLUMgrid company page
