Plumgrid, which bases its product line and business model on software-defied networking concepts, last week announced $10.7 million in Series A funding from US Venture Partners and Hummer Winblad Venture Partners. The company will establish a beachhead in network virtualiza-tion and then branch out into other areas of programmable networking, says CEO Awais Nemat, a former Marvell Semiconductor and Cisco executive and engineer who founded PLUMgrid in early 2011 with two other former Cisco engineers.
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