Tech Company Financing Transactions
Plume Wireless Funding Round
Insight Venture Partners participated in a $270 million Series E funding round for Plume Wireless. The funding round was recorded on 2/24/2021.
Transaction Overview
Company Name
Announced On
2/24/2021
Transaction Type
Venture Equity
Amount
$270,000,000
Round
Series E
Investors
Insight Venture Partners (Ryan Hinkle)
Proceeds Purpose
The company intends to use the funds to: increase investment in research & development, lean into sales, marketing, and partnerships, continue its product, revenue, customer, channel, and geographic expansion, and add employees in all of its offices across North America, Europe, and Asia.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
290 South California Ave. 200
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
At Plume, we don't think you should need a PhD in 802.11 protocols, megahertz, multi-core processors, and MU-MIMO, NAT/DHCP translations to get awesome WiFi that works everywhere, all of the time, for all of your devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fahri Diner
Co-Founder
Adam Hotchkiss
Co-Founder
Aman Singla
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