Pensando

Acquired

Distributed Computing for the New Edge

Milpitas, United States · Founded 2017 · $313.0M raised

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.

Summary

Pensando is a Cybersecurity company based in Milpitas, United States, founded in 2017. It has raised $313.0M in total across 4 rounds, most recently a $35.0M Venture Round round in Aug 2021. Investors include AMD Ventures, Ericsson and Qualcomm Ventures.

Tech & App Stack

2 technologies & apps tracked

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Funding History

AcquisitionApr 2022
$1.9B

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Investors

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