Penguin Solutions

IPO

Designing & Building Data Center AI Infrastructure at Scale

Public · Milpitas, United States · Founded 1993 · $175.0M raised

Employees
1001–5000
Founded
1993
Business Model
B2B
Total Funding
$175.0M
Last Round
$175.0M Convertible NoteAug 2024
Rounds
1
Type
Public

About

Penguin Solutions is a leading provider of memory and AI infrastructure, powering the AI factories of the future for enterprises, sovereign AI initiatives, and neocloud providers. Built on decades of engineering expertise at the intersection of memory and AI/HPC infrastructure, the company offers differentiated infrastructure software, advanced memory, compute systems, end-to-end services, and industry-leading partner solutions in a full-stack AI factory platform.

Summary

Penguin Solutions is an enterprise software company based in Milpitas, United States, founded in 1993. It has raised $175.0M in total across 1 round, most recently a $175.0M Convertible Note round in Aug 2024.

Tech & App Stack

6 technologies & apps tracked

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Funding History

ConvertibleConvertible NoteAug 2024
$175.0M

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