About Plexxi
Plexxi is a company based in Cambridge (United States) founded in 2010 was acquired by Hewlett Packard Enterprise in May 2018.. Plexxi has raised $113.46 million across 5 funding rounds from investors including Hewlett Packard Enterprise, Lightspeed Venture Partners and Google Ventures. Plexxi offers products and services including HPE GreenLake, CX 10000 Switch Series, and HPE Aruba Networking. Plexxi operates in a competitive market with competitors including Arista, Barefoot Networks, Cloudbrink, Polatis and Neterion, among others.
- Headquarter Cambridge, United States
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Sectors
TechnologyTelecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Plexxi Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$113.46 M (USD)
in 5 rounds
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Latest Funding Round
$30.06 M (USD), Series D
Jan 26, 2016
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Investors
Hewlett Packard Enterprise
& 4 more
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Employee Count
Employee Count
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Acquired by
Hewlett Packard Enterprise
(May 15, 2018)
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Products & Services of Plexxi
Plexxi offers a comprehensive portfolio of products and services, including HPE GreenLake, CX 10000 Switch Series, and HPE Aruba Networking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages resources across private and public clouds for flexible IT operations.
Provides secure switching for AI workloads and east-west traffic protection.
Unifies network management from edge to data center for seamless connectivity.
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Software Development Team
283 people
Sales and Marketing
174 people
Leadership Team
102 people
Senior Team
35 people
Human Resources and Administration
34 people
Product Management Team
26 people
Operations Team
25 people
Data Analysis and Operations Team
19 people
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Funding Insights of Plexxi
Plexxi has successfully raised a total of $113.46M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $30.06 million completed in January 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $30.1M
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First Round
First Round
(02 Feb 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series D - Plexxi | Valuation | Google Ventures |
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| Sep, 2015 | Amount | Series D - Plexxi | Valuation | Lightspeed Venture Partners , Matrix |
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| Jun, 2012 | Amount | Series C - Plexxi | Valuation | Lightspeed Venture Partners , Matrix |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plexxi
Plexxi has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Hewlett Packard Enterprise, Lightspeed Venture Partners and Google Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Early-stage ventures are funded by the investment firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Plexxi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Plexxi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plexxi Comparisons
Competitors of Plexxi
Plexxi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arista, Barefoot Networks, Cloudbrink, Polatis and Neterion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud networking solutions are delivered via AI and SaaS platforms.
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| domain | founded_year | HQ Location |
High-speed programmable network switches are developed and provided.
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| domain | founded_year | HQ Location |
Home internet and cellular connection services are provided.
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| domain | founded_year | HQ Location |
Optical circuit switches with low losses are developed by Polatis.
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| domain | founded_year | HQ Location |
Ethernet hardware and software for I/O virtualization are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Plexxi
Frequently Asked Questions about Plexxi
When was Plexxi founded?
Plexxi was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Plexxi located?
Plexxi is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Plexxi a funded company?
Plexxi is a funded company, having raised a total of $113.46M across 5 funding rounds to date. The company's 1st funding round was a Series C of $20.1M, raised on Feb 02, 2011.
What does Plexxi do?
Affinity networking services. Technologies include an SDN controller, an SDN switch, and open APIs. SDN technologies use wavelength-division multiplexing within a data center to enable applications to demand the network resources they need, all the way down the physical layer of the network. It is offering two initial APIs. Workload Affinity API enables external systems, analytical engines, and network overlays to communicate. The Network Orchestration API will allow Control to take information from workload requirements and convert it into instructions on how the network can satisfy them.
Who are the top competitors of Plexxi?
Plexxi's top competitors include Arista, Barefoot Networks and Cloudbrink.
What products or services does Plexxi offer?
Plexxi offers HPE GreenLake, CX 10000 Switch Series, and HPE Aruba Networking.
Who are Plexxi's investors?
Plexxi has 5 investors. Key investors include Hewlett Packard Enterprise, Lightspeed Venture Partners, Google Ventures, Matrix, and North Bridge Venture Partners.