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Plexxi

100 Innovative Way Suite 3322, Nashua, New Hampshire, 03062, United States

Overview

Plexxi provides converged, application-centric network infrastructure tools and systems — from hardware to management and application integrations — for building software-defined data centers and public and private clouds. Led by CEO Rich Napolitano, the company offers hardware, management and application integration products aimed at cloud builders. Plexxi is based in Nashua, N.H. It received an investment from GV (formerly Google Ventures). The company said it intends to use the proceeds from GV’s investment to continue to scale its networking product offerings and operations. Plexxi is also backed by Lightspeed Venture Partners, Matrix Partners and North Bridge Venture Partners. Plexxi provides agile datacenter networking products and solutions intended to create an automated datacenter network for distributed applications such as Big Data, clustered compute and clustered storage. Under CEO Rich Napolitano, the company has concentrated on winning customers across three markets: agile datacenters, scale-out application infrastructure and distributed cloud co-location service providers. The company raised $35m in venture capital in the reported round, with total financing to date reported at $83m. Plexxi plans to use the proceeds to expand sales, marketing, customer support and research and development. No operating metrics (revenue/users) were disclosed in the report. Plexxi is an enterprise and cloud datacenter company based in Nashua, New Hampshire. The article identifies the company as focused on enterprise and cloud datacenter solutions. In July 2011 Plexxi raised $20.0m in a Series B financing. The round was led by Lightspeed Venture Partners, with participation from existing investors Matrix Partners and Northbridge Venture Partners. The financing increases Plexxi’s total capital raised to $28.38m to date. Leadership listed in the article includes founder and CEO Dave Husak, co-founder and VP of Engineering Ephraim Dobbins, VP of Product Management Mat Mathews, and VP of Finance Laurie Riedel.

Total raised
$75M
Funding rounds
4
Latest round
Equity
Latest activity
Sep 2015

Industries

  • Cloud Data Services
  • Data Center
  • Web Hosting
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Recent funding

  1. Equity

    Sep 2015

    $35M

  2. Series C

    Jun 2012

    $20M

  3. Series B

    Jul 2011

    $20M

Team