About Penguin Solutions
Penguin Solutions is a company based in Milpitas (United States) founded in 1988. It operates as a AI-as-a-Service, and Managed Services. Penguin Solutions offers products and services including OriginAI®, ICE ClusterWare™, and Stratus ztC Endurance™.
- Headquarter Milpitas, United States
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Forres Sandle Manor Educational Trust Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$200 M (USD), Post-IPO
Jul 16, 2024
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Investors
SK Telecom
& 1 more
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Employee Count
Employee Count
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Products & Services of Penguin Solutions
Penguin Solutions offers a comprehensive portfolio of products and services, including OriginAI®, ICE ClusterWare™, and Stratus ztC Endurance™. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI infrastructure solution for scalable GPU cluster management.
Software for simplifying AI cluster deployment and management.
Computing platform ensuring high availability and fault tolerance.
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Funding Insights of Penguin Solutions
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $200.0M
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First Round
First Round
(08 Feb 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Post-IPO - Penguin Solutions | Valuation |
investors |
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| Feb, 2022 | Amount | Debt – Conventional - Penguin Solutions | Valuation |
investors |
| 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 Solutions
Penguin Solutions has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SK Telecom and Citizens Bank. 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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Commercial banking services are provided to individuals and businesses.
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Founded Year | Domain | Location | |
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Provider of integrated telecommunication services
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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 Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 Solutions
| 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 Solutions Comparisons
Competitors of Penguin Solutions
| 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 Solutions
Frequently Asked Questions about Penguin Solutions
When was Penguin Solutions founded?
Penguin Solutions was founded in 1988 and raised its 1st funding round 34 years after it was founded.
Where is Penguin Solutions located?
Penguin Solutions is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Who is the current CEO of Penguin Solutions?
Mark Adams is the current CEO of Penguin Solutions.
What does Penguin Solutions do?
Penguin Solutions is established as an end-to-end provider of AI and high-performance computing (HPC) infrastructure solutions. Services and products are offered across various sectors including oil gas, financial services, healthcare, and government. Complex challenges in computing, memory, and LED solutions are addressed through scalable and sustainable technologies. Expertise is provided in designing, building, deploying, and managing AI clusters at scale. Edge, core, and cloud environments are supported to accelerate digital transformation for clients worldwide.
What products or services does Penguin Solutions offer?
Penguin Solutions offers OriginAI®, ICE ClusterWare™, and Stratus ztC Endurance™.
Who are Penguin Solutions's investors?
Penguin Solutions has 2 investors. Key investors include SK Telecom, and Citizens Bank.