PLUMgrid Secures $10.7M in Series A Funding

PLUMgrid, Inc., a Sunnyvale, Calif.-based provider of network virtualization solutions, has secured $10.7m in Series A Funding.

Backers include US Venture Partners (USVP) and Hummer Winblad Venture Partners.

Founded in early 2011 by CEO Awais Nemat, PLUMgrid provides network infrastructure software, selling network virtualization solutions to companies building and managing data centers.

In conjunction with the funding, Hummer Winblad managing director Lars Leckie, has joined the company’s Board of Directors.

PLUMgrid is currently hiring (read here).

FinSMEs

08/08/2012

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