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IT Briefcase Exclusive Interview: Keeping Your (Manufacturing) Head in the Clouds

IT Briefcase Exclusive Interview: Keeping Your (Manufacturing) Head in the Clouds

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IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

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IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

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Driving Better Outcomes through Workforce Analytics Webcast

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Legacy Modernization: Look to the Cloud and Open Systems

Legacy Modernization: Look to the Cloud and Open Systems

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Networking startup Plexxi scores $20.1M

July 3, 2012 No Comments

SOURCE: Green Data Center News

Plexxi Systems, a stealthy networking startup that wants to bring fiber into the data center at a cost comparable to existing Ethernet technologies, has scored a $20.1 million third round of financing from Lightspeed Venture Partners, Matrix Partners and Northbridge Venture Partners. Plexxi has been around since 2010 and has raised a total of $48.48 million from the current investors to build a switch that uses fiber optics instead of the current Ethernet connections. The money will help bring Plexxi’s product to market as it is making the rounds at large webscale and cloud providers showing off its switch.

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