Announced
Completed
Financials
Tags
Single Bidder
United States
Internet
wireless electronic
Venture Capital
Private Equity
Friendly
Private
Cross Border
Minority
Completed
Acquisition
Synopsis
SoftBank Vision Fund 2, a venture capital fund, led a $300m funding round in Plume Design, a Software-as-a-Service company. "The pandemic has dramatically accelerated the adoption of digital services, increasing our dependence on smart devices. Through its innovative cloud data platform, we believe Plume's consumer-first approach provides customers with reliable connectivity in their homes and beyond. We are pleased to partner with Fahri and the team to support their ambition of reinventing services for smart spaces globally," Nagraj Kashyap, SoftBank Investment Advisers Managing Partner.
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