Plexxi Secures $35,000,000 New Funding

  • Feed Type
  • Date
    9/14/2015
  • Company Name
    Plexxi
  • Mailing Address
    100 Innovative Way Nashua, NH 03062 USA
  • Company Description
    The network must evolve. Connecting what you want, where you want, and how you want – without the complexity, rigidity, and fragility of traditional hierarchical networks – is just the beginning of a whole new frontier in networking.
  • Website
    http://www.plexxi.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $35,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The infusion of capital will help fuel the rapid expansion of Plexxi’s sales, marketing, customer support, and research and development efforts as it accelerates the company’s vision of a software-defined architecture in datacenters and service provider networks.
  • M&A Terms
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Matrix Partners
  • Venture Investor
    North Bridge Venture Partners