PLUMgrid, a global provider of virtual network infrastructure for private clouds and public cloud hosting environments, has launched its PLUMgrid OpenStack Networking Suite – a cloud platform that would simplify operations with built-in monitoring, analytics and troubleshooting tools. At the same time, PLUMgrid has announced the completion of its Series B round of financing, totaling $16.2 million.
Built on the PLUMgrid Platform and IO Visor technology, the PLUMgrid OpenStack Networking Suite would provide highly automated workflows that significantly reduce the deployment time of OpenStack clouds and enables users to create private Virtual Domains for applications and projects. Virtual Domains provide isolation, security and policy enforcement across tenants.
The cloud platform is integrated with the leading OpenStack distributions and is certified with Red Hat OpenStack 4.0. Its distributed architecture and high-availability features would ensure that maintenance and upgrades can be performed with no downtime.
16.2 million in funding
“PLUMgrid is the first company to deliver a comprehensive cloud networking suite to help our customers build OpenStack clouds without worrying about scale, performance and security,” said Awais Nemat, Co-founder and CEO at PLUMgrid. “Our solution reduces the time to build clouds, lowers overall cost and accelerates delivery of new services to market.”
PLUMgrid is also announcing the completion of its Series B round of financing, totaling $16.2 million. Longworth Venture Partners led the investment, with participation from U.S. Venture Partners, Hummer Winblad Venture Partners, Qualcomm Ventures and Swisscom Ventures. The additional funding will help PLUMgrid grow its global sales and marketing efforts, and continue to innovate for new markets.
Founded in 2011, PLUMgrid is headquartered in Sunnyvale, California, and is funded by top-tier venture and strategic investors.