What is Plume Design? Plume Design Review

Platform Services

Plume Design's platform provides consumers with the planning, delivery, support and management of personalized smart home services. The company's new products provide stable and fast networks for the home, and its hexagonal "Pods" can be directly plugged into the wall socket of the home to optimize the coverage of the Wi-Fi network.

Plume Design offers a line of mesh networking products for consumers, and many home networking companies are following Plume Design. Comcast invested in Plume Design and used its technology to launch xFi, which powers mesh networking products.

Financing

In September 2015, Plume Design raised $21.1 million in Series A funding from Comcast and five other investors.

In January 2016, Plume Design raised $4,657,341 in Series B funding from Jackson Square Ventures and 2 other investors.

In June 2017, Plume Design raised $41.6 million in Series C funding from Comcast and DIVC (Deutsche Invest Venture Capital).

In February 2020, Plume Design, an American smart home company, completed a new round of $85 million in financing, including $60 million in Series D financing and $25 million in debt financing. The Series D financing was jointly participated by new investors Charter Communications, Qualcomm Ventures LLC, Belkin and Service Electric Cablevision, as well as existing investors Liberty Global and Shaw Communications. At the same time, the debt financing was jointly invested by Silicon Valley Bank and WestRiver Group.

References

• 1. Provide a more stable and faster network for the family? American smart home company "Plume Design" received $85 million in financing: Sohu [cited date 2020-02-26T16:00:00.000Z]