Mesh Wi-Fi technology startup Plume has raised US$37.5 million in its third round of funding led by Comcast, Presido Ventures and Samsung Venture Investment.
Mesh Wi-Fi technology startup Plume has raised US$37.5 million in its third round of funding led by Comcast, Presido Ventures and Samsung Venture Investment.
Comcast is the largest broadband provider in the United States, while Presido Ventures is a sister company of Japanese broadband provider J:Com. The investment marks a collaboration between a broadband Internet provider and a new mesh Wi-Fi technology maker that sells router systems.
This new round of funding was also joined by Plume’s prior investors, including Liberty Global, Shaw Cable and Jackson Square Ventures. The total amount raised by the company has exceeded US$63 million.
Plume’s technology is called Adaptive...