Plume raises $85 million to bring smarter Wi-Fi networks to more homes

Kevin William David
Co-founder @creatorstack . Director of Community @angellist. N...
Plume raises $85 million to bring smarter Wi-Fi networks to more homes
  • Plume, a Palo Alto, Calif.-based smart home services company, closed a new financing round of $85m.
  • This includes $60m in Series D preferred equity and $25m in debt financing, bringing total equity funding to $127m.
  • The new investor syndicate, including Charter Communications, Qualcomm Ventures LLC, Belkin, and Service Electric Cablevision, took approximately 75% of the Series D round. Existing investors, including Liberty Global and Shaw Communications also participated.
  • Plume provides a Consumer Experience Management (CEM) platform (powered by OpenSync™) as a cloud SaaS offering.
  • As an open and hardware-independent solution, Plume enables the curation and delivery of new Smart Home Services rapidly and at massive scale.
Kevin William David
Co-founder @creatorstack . Director of Community @angellist. No 1 Hunter on @product-hunt .

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