Plume (company)

Plume was founded in 2015 by Fahri Diner.[3] The company’s began offering its cloud-delivered services in June 2016.[4]

In 2017, Plume raised $63 million in funding.[5]

In 2018, the company changed to a subscription model beginning with its Adaptive WiFi service[2][6] and new SuperPods.[2] The SuperPods are slightly larger than the first generation pods, capable of faster speeds, and contain two integrated Ethernet ports.[2]

In November 2020, Plume acquired British Columbia-based network intelligence and security software firm Walleye.[7] Plume also started working with POST Luxembourg.[7]

The company works with more than 240 service providers including Comcast, Charter, Qualcomm, Cablevision, Shaw Communications, Bell Canada, and Liberty Global.[8][9][10] It also partners with U.S. cable television cooperative NCTC, Sagemcom, and customer-premises equipment (CPE) vendors and resellers including Technicolor, and ADTRAN.[11]

In October 2021, it was announced that Plume raised $300 million in a Series F round led by SoftBank, bringing Plume's valuation up to $2.6 billion.[12][13]

Plume provides an adaptive (mesh) WiFi platform with cloud management services that works automatically to self-optimize network connections and allow users to better benefit from all connected devices.[14][15][16] It provides interoperability for homes and businesses that may be using smart devices from different manufacturers.[17] Plume’s products are open and hardware-agnostic, allowing them to work with any CSP.[17][18]

Using its cloud management, Plume can identify and measure network traffic and then make changes to provide better performance.[19] For example, if the bedrooms in a home are empty because everyone is in the living room streaming a movie in HD, Plume’s network will route more bandwidth to the streaming device in the living room.[4]