Networking virtualization start-up PLUMgrid said it will hire 30 new employees over the next year and a half. Earlier this month, the company raised $10.7 million from investors US Venture Partners and Hummer Winblad Venture Partners.
Based in Sunnyvale, Calif., PLUMgrid is one of a number of companies trying to bring the computer server virtualization revolution to networking. Founded in 2011, the company has not yet publicly launched a product; it is testing its technology with undisclosed customers, said Chief Executive Awais Nemat.
The company wants to hire engineers with networking backgrounds who understand distributed software and systems, Nemat said. It's also recruiting quality assurance engineers, development operations or DevOps engineers, as well as sales and marketing employees. Cash and equity compensation is competitive, Nemat said.
PLUMgrid, which has no revenue, is trying to tap into a $40 billion networking market, Nemat said. The company wants engineers who get excited about that opportunity rather than creating the next Twitter. "People who are excited about the infrastructure," he said of his ideal job candidates "They like to contribute to a big transformation, somebody who's in it for making their mark."
Write to Joseph Walker at Joseph.Walker@dowjones.com