Fungible

Acquired

Composable data center infrastructure

Santa Clara, United States · Founded 2015

Employees
51–200
Founded
2015
Business Model
B2B
Last Round
Series A
Rounds
3
Acquired by
Microsoft

About

Fungible Inc. was a Santa Clara, California-based semiconductor startup founded in 2015 by Pradeep Sindhu (co-founder of Juniper Networks) and Bertrand Serlet (former Apple software executive). The company developed data processing units (DPUs) — purpose-built chips designed to offload and accelerate data center workloads including networking, storage, and security. Fungible raised over $300 million in venture funding before being acquired by Microsoft in January 2023 for approximately $190 million to bolster Azure's data center capabilities.

Summary

Fungible is a Developer Tools company based in Santa Clara, United States, founded in 2015.

Funding History

Series ASeries A

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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.

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