Plexxi Receives Investment From GV To Seize Cloud Builder Market Opportunity
Investment to Fuel Plexxi's Growth in Private and Public Cloud Build-out
Jan 20, 2016, 07:00 ET
NASHUA, N.H., Jan. 20, 2016 /PRNewswire/ -- Plexxi, a pioneer in converged network infrastructure, announced today that the company has received a funding investment from GV (formerly Google Ventures). GV's investment in Plexxi will enable the company to continue to scale its networking product offerings and company operations to meet the needs of the emerging cloud builder community and drive adoption of software-defined architecture in datacenters.
"Plexxi takes an innovative approach to high performance networking infrastructure," said Rich Miner, General Partner at GV. "Plexxi's platform has evolved at a rapid pace, and the company's networking infrastructure products give companies the tools they need to maintain large scale networks that are more agile and efficient."
"GV invests in companies that have their eye on the future, offer disruptive innovation and drive market change," said Rich Napolitano, CEO of Plexxi. "We are at the dawn of the next great era of IT, the Cloud Builder generation, and Plexxi has developed a transformative data center network solution that promises to become the standard for future public and private cloud agility. We are thrilled to have GV join our investor team and become a key partner in this huge market opportunity."
Cloud Builders and Cloud Architects are transforming IT by looking at applications and data requirements from the perspective of business goals, not static technology silos. By prioritizing applications over infrastructure, a Plexxi network will become an invisible utility to meet dynamic business requirements.
Plexxi's products enable Cloud Builders to build Private Cloud infrastructure with the cost and agility of Public Clouds and allow Cloud Builders to build Public Clouds using modern building blocks that reduces their OPEX and CAPEX spending. With that goal in mind, Plexxi Switches are scalable, dynamic and responsive, Plexxi Control software is intelligent, automated and application-driven and Plexxi Connect ensures that the integration happens for workflow, workload and infrastructure. Together, these key products create a breakthrough network infrastructure platform that is agile, scalable and flexible meeting Cloud Builder needs and business requirements.
About Plexxi Inc.
Plexxi delivers converged, application-centric network infrastructure tools and systems for building software-defined data centers and Public / Private Clouds. Plexxi solutions enable Cloud Builders to harness the power of a single, simple platform to create private, hybrid cloud and data center networks. Plexxi's converged infrastructure and application defined networking solutions provide a comprehensive suite of tools, from hardware to management and application integrations that dynamically help applications to perform better and operate at the speed of business. Headquartered in Nashua, N.H., Plexxi investors include GV (formerly Google Ventures), Lightspeed Venture Partners, Matrix Partners and North Bridge Venture Partners. For more information, visit www.plexxi.com or follow us on Twitter @PlexxiInc.
Contact:
Jackie D'Andrea
InkHouse for Plexxi
[email protected]
781-966-4143
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SOURCE Plexxi, Inc.