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SDN Vendor PLUMgrid is No More; Some Assets Acquired by VMware

Dec 19, 2016, 19:40 (0 Talkback[s])
(Other stories by Sean Michael Kerner)

No, this is not a grand exit for PLUMgrid, or a great acquisition with big numbers. In fact, there are no public numbers to speak off at all in regards to what VMware is paying for the limited assets it is picking up. Plumgrid had raised a total of $46 million in funding over its three years of existence and it's not clear if investors recovered all their money.

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