Tech Company Financing Transactions

Plexxi Funding Round

Plexxi closed a $35 million venture capital round on 9/14/2015. Investors included Lightspeed Venture Partners, Matrix Partners and North Bridge Venture Partners.

Transaction Overview

Company Name
Announced On
9/14/2015
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors

Lightspeed Venture Partners (Christopher Schaepe)

Matrix Partners (Timothy Barrows)

North Bridge Venture Partners (Jamie Goldstein)

Proceeds Purpose
The infusion of capital will help fuel the rapid expansion of Plexxi's sales, marketing, customer support, and research and development efforts as it accelerates the company's vision of a software-defined architecture in datacenters and service provider networks.

Company Information

Company Status
Acquired or Merged
Industry
Networking
Mailing Address
100 Innovative Way 3322
Nashua, NH 03062
USA
Email Address
Overview
The network must evolve. Connecting what you want, where you want, and how you want - without the complexity, rigidity, and fragility of traditional hierarchical networks - is just the beginning of a whole new frontier in networking.
Profile
Plexxi LinkedIn Company Profile
Social Media
Plexxi Company Twitter Account
Company News
Plexxi News
Facebook
Plexxi on Facebook
YouTube
Plexxi on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard Napolitano
  Richard Napolitano LinkedIn Profile  Richard Napolitano Twitter Account  Richard Napolitano News  Richard Napolitano on Facebook
Chief Technical Officer
David Husak
  David Husak LinkedIn Profile  David Husak Twitter Account  David Husak News  David Husak on Facebook
VP - Bus. Development
Bill Koss
  Bill Koss LinkedIn Profile  Bill Koss Twitter Account  Bill Koss News  Bill Koss on Facebook
VP - Engineering
Ephraim Dobbins
  Ephraim Dobbins LinkedIn Profile  Ephraim Dobbins Twitter Account  Ephraim Dobbins News  Ephraim Dobbins on Facebook
VP - Finance
Laurie Riedel
  Laurie Riedel LinkedIn Profile  Laurie Riedel Twitter Account  Laurie Riedel News  Laurie Riedel on Facebook
VP - Marketing
Mike Welts
  Mike Welts LinkedIn Profile  Mike Welts Twitter Account  Mike Welts News  Mike Welts on Facebook
VP - Product Management
Mat Mathews
  Mat Mathews LinkedIn Profile  Mat Mathews Twitter Account  Mat Mathews News  Mat Mathews on Facebook
VP - Sales
Tim Lieto
  Tim Lieto LinkedIn Profile  Tim Lieto Twitter Account  Tim Lieto News  Tim Lieto on Facebook


 

 

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Prev: 9/14/2015: Piper venture capital transaction
Next: 9/14/2015: Datos IO venture capital transaction

 

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About Database of VC Transactions

We do our best to record funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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