Pensando Systems

Pensando Systems

A company developing edge computing and cloud computing services for enterprises and cloud providers.

Pensando Systems is a company developing edge computing and cloud computing services for enterprises and cloud providers that is headquartered in San Jose, California and was founded in 2017 by John Chambers, Luca Cafiero, Mario Mazzola, Prem Jain, and Soni Jiandani. The company's edge and cloud computing platform is designed to scale linearly across all server environments and minimize latency. The company claims they can reduce CPU usage for businesses by 20-40% through using less power.

Funding
Series A

On January 1, 2017 Pensando Systems announced raising $71 million in series A funding from undisclosed investors.

Series B

On January 1, 2018 Pensando Systems announced raising $62 million in series B funding from undisclosed investors.

Series C

On October 16, 2019 Pensando Systems announced raising $145 million in series C funding from Hewlett Packard Enterprise and Lightspeed Venture Partners. The company plans on using their series C funding for accelerating their engineering, operations, and go-to-market activities.

Timeline

October 2019
Pensando Systems raises a $145,000,000 series C round from Hewlett Packard Enterprise and Lightspeed Venture Partners.
January 1, 2018
Pensando Systems raises a $62,000,000 series B round.
January 1, 2017
Pensando Systems raises a $71,000,000 series A round.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Pensando Systems funding round, October 2019
145,000,000
October 2019
3 Results
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FinSMEs
November 12, 2020
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Pensando Systems
November 10, 2020
www.prnewswire.com:443
/PRNewswire/ -- Pensando Systems today announced it has received funding from Qualcomm Ventures. "Since we emerged from stealth a year ago, we've been working...

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