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BuyerSteps Authors: Greg Ness, Shelly Palmer, Will Davis, Jason Bloomberg, Kevin Benedict

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PlexxiPulse—A Funding Frenzy

We’re so proud of what we’ve accomplished in this year

This week, we announced that we have raised a $35 million round of financing. The round was led by a new investor with participation from our existing investors (Lightspeed Venture Partners, Matrix Partners and North Bridge Venture Partners) bringing our total funding to $83 million. The capital raised will fuel the expansion of our sales, marketing, customer support, and research and development efforts. We’re so proud of what we’ve accomplished in this year and are eager to see what the rest of 2015 has in store for us. Take a look at this week’s blog post from our CEO Rich Napolitano on Plexxi’s continued momentum on the heels of our funding announcement.

Social media has been buzzing this week, see below! Have a great weekend.

The post PlexxiPulse—A Funding Frenzy appeared first on Plexxi.

More Stories By Mat Mathews

Visionary solutions are built by visionary leaders. Plexxi co-founder and Vice President of Product Management Mat Mathews has spent 20 years in the networking industry observing, experimenting and ultimately honing his technology vision. The resulting product — a combination of traditional networking, software-defined networking and photonic switching — represents the best of Mat's career experiences. Prior to Plexxi, Mat held VP of Product Management roles at Arbor Networks and Crossbeam Systems. Mat began his career as a software engineer for Wellfleet Communications, building high speed Frame Relay Switches for the carrier market. Mat holds a Bachelors of Science in Computer Systems Engineering from the University of Massachusetts at Amherst.