Pensando
AcquiredDistributed Computing for the New Edge
Milpitas, United States · Founded 2017 · $313.0M raised
- Headquarters
- Milpitas, California
- Employees
- 201–500
- Founded
- 2017
- Business Model
- B2B
- Website
- pensando.io
- Total Funding
- $313.0M
- Last Round
- $35.0M Venture RoundAug 2021
- Rounds
- 4
- Acquisition Date
- Apr 2022
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
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Funding History
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Apr 2022
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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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