What is PLUMgrid?
Founded in 2011 and headquartered in Sunnyvale, California, PLUMgrid provides advanced software networking solutions designed to facilitate hybrid data centers. Their technology enables efficient connectivity for tenants, applications, and workloads across diverse architectures, including hypervisors, virtualized environments, bare metal, and container-based systems. The company's focus on secure and scalable virtual networking for OpenStack clouds positions it as a key player in the evolving cloud infrastructure landscape.
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 US 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
US Venture Partners
U.S. Venture Partners (USVP) is a prominent Silicon Valley venture capital firm dedicated to collaborating with entrepreneurs to develop transformative companies. Specializing in early-stage investments, USVP focuses on sectors such as cybersecurity, enterprise software, consumer products, and healthcare.
Hummer Winblad Venture Partners
HWVP is an investment firm focused on early-stage enterprise software companies, providing first institutional capital and ongoing support to help entrepreneurs realize their visions. The firm is known for its deep operational understanding and expertise in software and SaaS.
Qualcomm Ventures
Qualcomm Ventures is the venture capital arm of Qualcomm Incorporated, a global leader in wireless technologies. They invest in companies that align with Qualcomm's strategic interests, often focusing on mobile, IoT, and related technology sectors.
What's next for PLUMgrid?
The substantial enterprise-level investment and major strategic financing indicate PLUMgrid is likely in a growth or scaling phase, aiming to further develop its technology and expand its market penetration. This capital infusion will enable the company to enhance its product offerings, strengthen its sales and marketing efforts, and potentially explore new strategic partnerships. The company's trajectory suggests a continued focus on providing robust networking solutions for complex cloud environments, positioning it for sustained development and competitive advantage.
See full PLUMgrid company page
