Plumgrid Closes $16.2M Series B Funding

Plumgrid, a Sunnyvale, Calif.-based provider of secure cloud networks for public and private clouds, closed $16.2m in Series B funding.

The round was led by Longworth Venture Partners with participation from U.S. Venture Partners, Hummer Winblad Venture Partners, Qualcomm Ventures and Swisscom Ventures.

The company intends to use the funds to grow global sales and marketing efforts, and continue to innovate for new markets.

Led by Awais Nemat, Co-founder and CEO, Plumgrid had just announced the general availability of the PLUMgrid OpenStack Networking Suite and its deployment at IT solutions and telecom service provider Swisscom.
It is a distributed software suite that gives cloud operators the ability to build a scalable cloud infrastructure and offer secure, multi-tenant, advanced network services to applications and users.



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