PLUMgrid funding advances efforts in software-defined networking
Thursday, August 9, 2012 - 16:00
in Mathematics & Economics
(Phys.org) -- Tall order: Building company leadership in its startup years for the startup future of a new platform for networking. Founders of a California-based PLUMgrid want to do just that, with its focus on software-defined networking (SDN). PLUMgrid announced on Wednesday that it has raised $10.7 million in Series A funding from Hummer Winblad and US Venture Partners. The networking industry is experiencing a major shift as infrastructure becomes software-driven, said Lars Leckie, managing director, Hummer Winblad Venture Partners. The funding comes a year after the company initially raised $2 million.