Pensando Systems

San Jose, United States Founded: 2017 • Age: 9 yrs Acquired By AMD
A software-defined edge services platform is provided for infrastructure transformation.

About Pensando Systems

Pensando Systems is a Technology company based in San Jose (United States) founded in 2017 by Vipin Jain and Soni Jiandani, and was acquired by AMD in April 2022. A software-defined edge services platform is provided for infrastructure transformation. Pensando Systems has raised $145 million across 3 funding rounds from investors including AMD, Ericsson and Hewlett Packard Enterprise. Its Indian entity Pensando Systems India Private Limited reported revenue of β‚Ή40.90 Cr. Its focus areas include Semiconductors, Digital ICs, Microprocessors and Analytics Processing Unit. Its competitors include Fungible, NeuroBlade and MangoBoost; 3 of its 3 listed competitors have raised funding.

Company details

Pensando Systems was founded in 2017 in San Jose, United States, within the technology sector focused on edge computing. A software-defined platform is offered to enterprises, allowing current infrastructure to be transformed into cloud-like environments where servers operate with greater efficiency. A fully programmable processor is utilized to run a software stack that handles cloud, compute, networking, storage, and security services across data locations.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹40.90 Cr

    FY 2023 · -32% YoY

  • Indian entity net profit
    ₹4.87 Cr

    FY 2023 · 12% margin

  • Indian entity EBITDA
    ₹6.72 Cr

    FY 2023 · 16% margin

  • Total Equity Funding
    $145M (USD)

    in 3 rounds

  • Investors
    AMD

    & 5 more

  • Acquired by
    AMD

    (Apr 2022)

Funding Insights of Pensando Systems

Pensando Systems has successfully raised a total of $145M across 3 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 $145M
  • Total Rounds 3
  • First Round $145M

    (Oct 2019)

  • Investors Count 5

All 3 funding rounds of Pensando Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2021Series C–Liberty Global, Ericsson
Nov 2020Series C–Qualcomm Ventures
–
Oct 2019$145MSeries C–Hewlett Packard Enterprise, Lightspeed Venture Partners
–
Valuation history

6 investors in total: 6 institutional.

Investors in Pensando Systems

Pensando Systems has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include AMD, Ericsson and Hewlett Packard Enterprise.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investing in technology sectors such as AI and automotive.
2000qualcommventures.comSan Diego, United States
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Mobile communication and broadband network services are provided worldwide.
2005libertyglobal.comLondon, United Kingdom
Telecom equipment and software solutions are provided for networks.
1876ericsson.comStockholm, Sweden
HPC solutions are delivered via supercomputers and storage systems.
2015hpe.comHouston, United States
High-performance CPUs and GPUs are developed for computing applications.
1969amd.comSanta Clara, United States
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Investor details for Pensando Systems

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Board of directors of Pensando Systems India Private Limited (Pensando Systems)

Pensando Systems India Private Limited is the primary company behind Pensando Systems. The board of Pensando Systems India Private Limited currently have 4 directors; the longest-serving is Kalyan Chakravarthy Bade, appointed in 2019. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kalyan Chakravarthy Bade
DIN 08352930
Director13 Feb 20197 yrs 8 moPensando Systems India Private Limited
Hareesh Ramachandran
DIN 08351776
Director20 Sep 20197 yrs 1 moPensando Systems India Private Limited
Darla Mae Smith
DIN 07176135
Director26 May 20224 yrs 5 moPensando Systems India Private Limited
Vin Swetang Kunjvihari
DIN 03282371
Director26 May 20224 yrs 5 moPensando Systems India Private Limited

People of Pensando Systems

812 people are tracked at Pensando Systems (295 in leadership, 6 in board & advisors, 511 in team).

NameRoleGroup
Vipin Jain
Founder & CTOLeadership
Soni Jiandani
Co-Founder & CBOLeadership
Natalie Wu Levine
Head Of Brand MarketingLeadership
Christine P.
Sr. Director, HR Business Partner - GPU Technologies & EngineeringLeadership
Ron Chatterjee
Director Strategic OperationsLeadership
Abhijit K.
Director Of Global Procurement | OperationsLeadership
Aparna Kanabar
Senior Director, Global Supply ChainLeadership
Leah Verhoeven
Chief Of Staff, Global Human ResourcesLeadership
Trina Burt
Senior Director, HR Business Partner LeadLeadership
Chao-Yee Watson
Director - Customer Operations: Global Business SolutionsLeadership
Karen Hagin
Principal Talent Acquisition Partner / Executive Recruiter - EMEA & Americas SalesLeadership
Chandra Mulpuri
Senior Director, Software DevelopmentLeadership
Russell Horn
Corporate VPLeadership
Emile Ianni
Corporate VP of R&DLeadership
Shaun Moore
Corporate VP, Law DepartmentLeadership
Peter Chambers
Managing Director, Sales - APAC & JapanLeadership
Kim M. Vo
Cvp, Chief IP OfficerLeadership
Nick Lazaridis
Senior Vice President, EMEA & APJLeadership
Kathryn Cannone
Senior Director Human ResourcesLeadership
Frank Russo
Director Of OperationsLeadership

792 more people are available in the full profile.

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Complete people profiles for Pensando Systems

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Financials of Pensando Systems

Figures of Pensando Systems India Private Limited, the primary company behind Pensando Systems, for FY 2023. Revenue was ₹40.90 Cr (-32% year on year). Net profit was ₹4.87 Cr (12% margin). EBITDA was ₹6.72 Cr (16% margin). Revenue has grown at a compounded annual rate of +46% over three years.

  • ₹40.90 CrRevenue · FY 2023 · -32% YoY
  • ₹4.87 CrNet profit · 12% margin
  • ₹6.72 CrEBITDA · 16% margin
  • ₹1 LakhPaid-up capital
  • 111Employees (provident fund records)
  • +46%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Pensando Systems India Private Limited are on its company page.

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Detailed financial statements for Pensando Systems

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Timeline of Pensando Systems

4 dated milestones of Pensando Systems across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pensando Systems is founded.
  2. Funding First funding round of $145.0M.
  3. Funding Latest funding round, Series C,.
  4. Exit Acquired by AMD.

Competitors of Pensando Systems

Pensando Systems has 3 listed competitors in our database, 3 of them funded. They include Fungible, NeuroBlade and MangoBoost.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fungible.com2015Santa Clara, United States$232.5M71
Full-stack infrastructure software for data centers is developed.
neuroblade.com2016Palo Alto, United States$110.5M
Big data analytics solutions are delivered via computational memory platforms.
mangoboost.io2022Bellevue, United States$65.53M
AI-based DPUs are developed for data center workload acceleration.
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Detailed competitors of Pensando Systems

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Web traffic of Pensando Systems

The website of Pensando Systems (pensando.io) receives about 3.6K visits a month.

  • Monthly visits
    3.6K

    ▲ 386.3% vs previous month

Similar websites

Websites whose visitors overlap most with Pensando Systems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details

Top companies in Semiconductors & ICs

3 companies that operate in the same segment as Pensando Systems (Semiconductors & ICs) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B42,000
AI inference platforms and on-premise clusters are provided.
2016San Jose, California, United StatesUSD 2.77 B314
Custom AI models are trained on a specialized computing platform.
2015Sunnyvale, California, United StatesUSD 2.55 BUSD 509.99 M71
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Related news about Pensando Systems

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Frequently Asked Questions about Pensando Systems

Pensando Systems was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Pensando Systems is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Pensando Systems is a funded company, having raised a total of $145M across 3 funding rounds to date. The company's 1st funding round was a Series C of $145M, raised on Oct 2019.

The primary company behind Pensando Systems, Pensando Systems India Private Limited, reported revenue of β‚Ή40.90 Cr for FY 2023, down 32% year on year.

Pensando Systems was founded in 2017 in San Jose, United States, within the technology sector focused on edge computing. A software-defined platform is offered to enterprises, allowing current infrastructure to be transformed into cloud-like environments where servers operate with greater efficiency. A fully programmable processor is utilized to run a software stack that handles cloud, compute, networking, storage, and security services across data locations.

Pensando Systems's top competitors include Fungible, MangoBoost and NeuroBlade.

Pensando Systems has 6 investors. Key investors include AMD, Ericsson, Hewlett Packard Enterprise, Liberty Global, and Lightspeed Venture Partners.

Pensando Systems operates through Pensando Systems India Private Limited.

Yes. Pensando Systems was acquired by AMD in April 2022.

The legal entities of Pensando Systems currently have 4 directors, including Hareesh Ramachandran, Kalyan Chakravarthy Bade, Darla Mae Smith and others.

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