Plexxi Inc. raised $20 million in a new funding round for the New Hampshire company.
NASHUA, NH, Plexxi raised its Series-B round, bringing in $20 million. Lightspeed Venture Partners led the round, and the firm's Series-A investors Matrix Partners and Northbridge Venture Partners, also participated as well. This brings Plexxi's total funding to date to $28.38 million.
The firm is in stealth mode and not sharing much of its busines plan. However, the networking firm is believed to be building state-of-the-art enterprise and cloud datacenter networks.
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