About Penguin Computing
Penguin Computing is a company based in Fremont (United States) founded in 1998 was acquired by SMART Global Holdings in June 2018.. Penguin Computing has raised $19.39 million across 8 funding rounds from investors including KKR, Wellsfargocapitalfinance and San Francisco Equity Partners. Penguin Computing operates in a competitive market with competitors including Hewlett Packard Enterprise, Altair, OVHcloud, Lenovo and NGINX, among others.
- Headquarter Fremont, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Penguin Computing, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.39 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
KKR
& 6 more
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Employee Count
Employee Count
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Acquired by
SMART Global Holdings
(Jun 11, 2018)
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Funding Insights of Penguin Computing
Penguin Computing has successfully raised a total of $19.39M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Last Round
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First Round
First Round
(07 Feb 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Debt – Conventional - Penguin Computing | Valuation |
investors |
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| Mar, 2018 | Amount | Debt – Conventional - Penguin Computing | Valuation |
investors |
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| Mar, 2011 | Amount | Series C - Penguin Computing | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Penguin Computing
Penguin Computing has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, Wellsfargocapitalfinance and San Francisco Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Private equity investments are made in consumer sector businesses.
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Founded Year | Domain | Location | |
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Convergence Partners is focused on ICT investments in Africa.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Penguin Computing
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Penguin Computing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Penguin Computing Comparisons
Competitors of Penguin Computing
Penguin Computing operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hewlett Packard Enterprise, Altair, OVHcloud, Lenovo and NGINX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
AI-powered data science platform enables model deployment and analytics insights.
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| domain | founded_year | HQ Location |
Public cloud solutions and storage services are provided for applications.
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| domain | founded_year | HQ Location |
Diversified servers and hardware products are offered by Lenovo.
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| domain | founded_year | HQ Location |
Open-source internet infrastructure software is provided by NGINX.
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| domain | founded_year | HQ Location |
Provider of cloud based HPC services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Penguin Computing
Frequently Asked Questions about Penguin Computing
When was Penguin Computing founded?
Penguin Computing was founded in 1998 and raised its 1st funding round 8 years after it was founded.
Where is Penguin Computing located?
Penguin Computing is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Is Penguin Computing a funded company?
Penguin Computing is a funded company, having raised a total of $19.39M across 8 funding rounds to date. The company's 1st funding round was a Series C of $1M, raised on Feb 07, 2006.
What does Penguin Computing do?
Penguin Computing was founded in 1998 in Fremont, United States, focusing on the high-performance computing sector. Integrated enterprise and HPC solutions are offered, including Penguin Computing on Demand as a public HPC cloud service. Cluster management is handled through Scyld ClusterWare, enabling Linux servers to function as a unified virtual system. A Beowulf clustering company was acquired in July 2003 to enhance operations.
Who are the top competitors of Penguin Computing?
Who are Penguin Computing's investors?
Penguin Computing has 7 investors. Key investors include KKR, Wellsfargocapitalfinance, San Francisco Equity Partners, Convergence Partners, and Weber Capital Management.
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