# PLUMgrid

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

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.plumgrid.com
- Total disclosed funding: $27M
- Latest round: Series B (Nov 22, 2013)
- Investors on record: 5

## About

PLUMgrid, Inc. specializes in software-defined networking solutions, providing organizations with the tools to implement scalable and secure networking architectures in cloud environments.Founded in 2011 in Santa Clara, US, PLUMgrid, Inc. offers advanced networking virtualization solutions. The company was acquired by VMware on December 16, 2016, for an undisclosed amount. Pere Monclus, the founder, has a history of innovation in technology and entrepreneurship. PLUMgrid has participated in 5 deals since its inception, with a total amount raised of USD 16.25 mn, and a current company valuation of USD 78.57 mn.PLUMgrid, Inc. provides VMware NSX, a comprehensive networking and security virtualization solution tailored for VMware Cloud Foundation (VCF). This solution enables scalable, software-defined networking independent of hardware, and includes features such as on-demand network provisioning, automation, and security protocols like micro-segmentation and encryption. It supports various applications, including private cloud infrastructure and disaster recovery, and serves clients in North America, Europe, and Asia-Pacific.VMware NSX generates revenue through a subscription-based model targeting enterprise clients. The solution comes as part of VMware Cloud Foundation, with options for additional services like VMware Firewall and VMware Advanced Load Balancer. Clients typically engage in annual contracts, allowing them to scale their networking capabilities effectively while accessing VMware’s integrated technologies for enhanced security.Following its acquisition by VMware in December 2016, PLUMgrid is expected to leverage its new resources for product development and market expansion. The company is focusing on enhancing its VMware NSX offerings and potentially launching new features related to cloud networking. Plans for geographic expansion into additional markets are underway, although specific regions and timelines have yet to be disclosed.

## Funding rounds

- Series B, Nov 22, 2013, $16M — Aspenwood Ventures, US Venture Partners, Longworth Venture Partners, Qualcomm Ventures, Swisscom Ventures
- Series A, Aug 7, 2012, $11M — Aspenwood Ventures, US Venture Partners

## Investors

- Aspenwood Ventures (https://capitalatlas.ai/funds/aspenwood-ventures) — Series A, Series B
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series A, Series B
- Longworth Venture Partners (https://capitalatlas.ai/funds/longworth-venture-partners) — Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series B
- Swisscom Ventures (https://capitalatlas.ai/funds/swisscom-ventures) — Series B