Pensando

Acquired

Distributed Computing for the New Edge

Employees
201–500
Founded
2017
Business Model
B2B
Total Funding
$313.0M
Last Round
$35.0M Venture RoundAug 2021
Rounds
4

About

Founded in 2017 by Cisco veterans Mario Mazzola, Prem Jain, Luca Cafiero, Soni Jiandani, and Randy Pond, Pensando Systems developed a distributed services platform — including programmable DPU (Data Processing Unit) chips — that powers software-defined cloud, networking, storage, and security at the edge and in data centers. The company built in collaboration with major cloud providers including HPE, NetApp, Oracle, IBM, and Equinix. Pensando was acquired by AMD in 2022 for approximately $1.9 billion and now operates as AMD's Networking Solutions Group.

Tech & App Stack

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Funding History

AcquisitionApr 2022
Venture UnknownVenture RoundAug 2021
Series CSeries COct 2019
Series BSeries BJan 2018
Series ASeries AJan 2017

Investors

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