# Plume Design

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plume-design

- Industry: Telecoms
- Headquarters: Palo Alto, US
- Website: www.plume.com
- Total disclosed funding: $620M
- Latest round: Series F (Oct 12, 2021)
- Investors on record: 12

## About

Based in Palo Alto, CA, and founded in 2012 Plume Design, Inc. develops and provides AI-based devices that connect smartphones and other gadgets to an adaptive Wi-Fi network. Co-founded by Adam Hotchkiss, Aman Singla, Fahri Diner, and Sri Nathan, Plume Design, Inc., also known as Plume, has raised a total of USD 752.24 million across 14 rounds of funding. As of 2021, the company was valued at USD 2.3 billion. The platform offers self-optimizations, cyber threat protection, parental controls, and usage monitoring. The company helps optimize broadband connectivity and then uses it to deliver a range of smarter home services to some 22 million homes globally. In February 2021, the company received a series of E funding led by Insight Partners.

Plume provides a comprehensive suite of cloud-controlled front-end services delivered over a smart, software-defined network. Its HomePass™ front-end services suite consists of adaptive and self-optimizing whole-home WiFi, AI-driven cybersecurity and IoT device protection, sophisticated parental supervision, secure access controls, and motion awareness. HomePass is complemented by a data-driven back-end operations platform offering real-time and predictive customer support tools, network control center applications, deep analytics, comprehensive dashboards, consumer behavior, and satisfaction insights, churn prediction, and retention marketing services for CSPs through Plume’s Haystack™ and Harvest™ suites.

Customers benefit from Plume’s platform through OpenSync™, an open-source, silicon-to-cloud framework for smart spaces. Some of its customers, like Comcast, Charter, Qualcomm, Belkin, Cablevision, Liberty Global, and Shaw Communications have become strategic investors in the company over the years, which speaks to its traction with the big players in the market, it has raised USD 397 million to date.

Plume will use the funding to further increase investment in research and development and lean more aggressively into sales, marketing, and partnerships. The company will seek to continue its rapid product, revenue, customer, channel, and geographic expansion and plans to add employees in all of its offices across North America, Europe, and Asia.

## Funding rounds

- Series F, Oct 12, 2021, $300M — SB Investment Advisers
- Series E, Feb 23, 2021, $270M — Insight Partners
- Series D, Feb 19, 2020, $1.3M — Qualcomm Ventures, Belkin Corporation, Charter Communications, Inc., Liberty Global Ventures, Shaw Ventures, Service Electric Cablevision, Inc.
- Series C, Mar 27, 2017, $28M — Comcast Corporation, Samsung Venture Investment, Presidio Ventures, Liberty Global Ventures, Shaw Ventures, Jackson Square Ventures
- Series A, Dec 10, 2015, $21M — Jackson Square Ventures

## Investors

- Jackson Square Ventures (https://capitalatlas.ai/funds/jackson-square-ventures) — Series A, Series C
- Comcast Corporation — Series C
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series C
- Presidio Ventures (https://capitalatlas.ai/funds/presidio-ventures) — Series C
- Liberty Global Ventures (https://capitalatlas.ai/funds/liberty-global-ventures) — Series C, Series D
- Shaw Ventures — Series C, Series D
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series D
- Belkin Corporation — Series D
- Charter Communications, Inc. — Series D
- Service Electric Cablevision, Inc. — Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series E
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series F