Penguin Solutions
IPODesigning & Building Data Center AI Infrastructure at Scale
Public · Milpitas, United States · Founded 1993 · $175.0M raised
- Headquarters
- Milpitas, California
- Employees
- 1001–5000
- Founded
- 1993
- Business Model
- B2B
- Website
- penguinsolutions.com
- 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 Artificial Intelligence 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
Aug 2024
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IPO through Convertible Note — per-round amounts, valuations, and who invested in each round.
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