# Plexxi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plexxi

- Industry: Software
- Headquarters: Nashua, US
- Website: www.plexxi.com
- Total disclosed funding: $48M
- Latest round: Series C (Jun 29, 2012)
- Investors on record: 3

## About

Plexxi offers innovative networking solutions that enhance data center performance and simplify infrastructure management, leveraging software-defined architecture to meet evolving IT demands.Founded in 2010, Plexxi specializes in developing software-defined networking solutions that optimize data center operations. The company is headquartered in Nashua, US. Plexxi secured a total funding of USD 35.00 mn through a GROWTH round in January 2016, making it an investment target for GV. The firm has completed 5 distinct deals since inception.Plexxi provides advanced software-defined networking solutions designed to streamline data center management and enhance connectivity. Their offerings are tailored for enterprises seeking efficient infrastructure solutions, focusing on software-based control that promotes flexibility and scalability. Plexxi's technology addresses the complex needs of modern IT environments through integrated networking capabilities, ensuring organizations can adapt to growing performance requirements across various sectors.Plexxi generates revenue primarily through direct sales of its networking solutions and associated services. Clients engage with the company through structured partnerships or direct purchases, enabling them to leverage Plexxi's software-defined technology for improved operational effectiveness. The firm’s revenue model supports enterprises looking to enhance their IT infrastructure while managing costs effectively through flexible service options.Plexxi is focused on expanding its market presence by launching new software-defined networking products designed to enhance data center efficiency in 2023. The company aims to penetrate new geographic regions, targeting North America and Europe for growth by the end of 2024. Recent funding raised in January 2016 will be utilized to support these product developments and market expansion initiatives.

## Funding rounds

- Series C, Jun 29, 2012, $20M — Lightspeed Venture Partners, Matrix Partners, North Bridge Venture Partners
- Series B, Jul 25, 2011, $20M — Lightspeed Venture Partners, Matrix Partners, North Bridge Venture Partners
- Series A, Feb 2, 2011, $8.3M — Matrix Partners, North Bridge Venture Partners

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B, Series C
- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series A, Series B, Series C
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B, Series C