GHz FCC

Plume Design received $63 million in equity funding from investors to accelerate its adaptive WiFi deployments. $37.5 million of total funding came from new investors Comcast Cable, Samsung Venture Investment Corp and Presidio Ventures. Existing investors Liberty Global Ventures, Shaw Ventures and Jackson Square Ventures also participated.

In addition to using funding to accelerate Plume’s deployment and integration of Adaptive WiFi in ISP networks and third party software, it will also be used for the introduction of new products and for the company’s Silicon Valley and European expansion.

Plume launched its Adaptive WiFi at the end of 2016 as a way to improve the “reliability, consistency, and coverage” of in-home WiFi. The Plum Cloud makes decisions on the WiFi channel, frequency, client connections, and whole-home coverage topology both in real time and preemptively. It is also built to manage and optimize performance across multiple apartments in a multi-dwelling unit simultaneously.

Comcast is currently working alongside Plume to combine its Xfinity xFi platform with Plume technologies. Later this year, Comcast will launch no-configuration, adaptive xFi Pods that can be auto-paired with either the xFi Wireless Gateway or the xFi Advanced Gateway.

The Plume Cloud service is accessed via Plume Pods or Plume’s software Agent embedded into third party hardware such as ISP wireless gateways and modems, wireless set-top-boxes, WiFi access points, OTT media players, IoT devices, and consumer electronics.

The Daily

Subscribe

Biles’ Triumphs Over Tokyo Trauma

Simone Biles felt like the 2020 Tokyo Olympics would be the peak of her career. She was in the best shape of her life, and the world wondered not if she would win gold, but just how many gold medals she would

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jul 31
2024 Diversity & Pride List Awards Nominations close July 31st.
Aug 19
2024 Top Ops Awards The Magazine releases August 19, 2024.
Dec 4
2024 Most Powerful Women Awards Nominations Open July 8th, 2024.
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact Rob Hudgins, [email protected], for more information.