I can’t believe how fast 2015 is flying by. It seems like we were just making our networking predictions for the year. If you’ve been following the blog or keeping up with us on social media, you may have noticed we’ve been busy here in Nashua in terms of our growth and expansion as well as the products we’re delivering. We are rapidly evolving Plexxi to keep pace with today’s competitive technology landscape.
I’m excited about the prospects for the future. And the reason has to do with three key accomplishments in 2015 (so far): today’s big news —$35 million in funding to accelerate our growth plans and product development; our new strategic partnerships along with our customer growth in targeted vertical markets; and the introduction of our Switch 2 Series. We’re set to make 2015 our best year yet.
1. Financing to Accelerate our Growth. Today, we announced we raised $35 million to continue our rapid growth in the software-defined agile datacenter market. The infusion of capital will help fuel the rapid expansion of our sales, marketing, customer support, and research and development efforts to deliver on our vision of a software-defined architecture in datacenters and service provider networks. This brings our total funding to $83 million.
“Plexxi’s single-tier network architecture is uniquely well suited for next-generation data centers and provides unprecedented control, intelligence and scale.” – Tim Barrows, General Partner, Matrix Partners.
2. Partners and Customers Power Plexxi. Our focus is on delivering high-quality and disruptive products to market with partners that understand the new world order of IT. Our valued partners, Arrow Electronics, CloudGov Technologies, Cloudera and PSSC Labs, share our vision that Third Platform applications (IoT, Big Data, social, mobile and distributed apps) require a new software-defined infrastructure to meet the demands for scale-out, virtualized computing—and helped us gain distinction in CRN’s 2015 Emerging Vendors List.
In recent months, we’ve secured new customers and many repeat orders from existing, happy customers. We continue to gain footholds in the federal, financial services, education and service provider markets here in the United States and around the world. Our customers’ success directly impacts our success and we are working diligently to ensure we’re providing the solutions they need to transform their networks.
3. Innovative Product Development. One of our primary goals here at Plexxi is to change the way networks function to support the business. In July, we launched our Switch 2 Series, our newest switch which emphasizes applications over infrastructure. Switch 2 consolidates the network into a single tier, optimized for east/west application traffic, while eliminating the need for multiple switch types found in traditional leaf/spine architectures. Switch 2 allows organizations to meet the demands of the next era of IT with a network that is more agile, scalable and intelligent.
We can’t wait to see what the rest of 2015 has in store for us here at Plexxi. Stay tuned.
The post Momentum in Motion: $35 Million in Funding, Solid Partnerships, Customer Wins, Switching on New Technology appeared first on Plexxi.
