Penguin Solutions

Milpitas, United States Founded: 1988 • Age: 38 yrs
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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
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Forres Sandle Manor Educational Trust Limited
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $200 M (USD), Post-IPO

    Jul 16, 2024

  • Investors
    SK Telecom

    & 1 more

  • 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.

Primary

AI infrastructure solution for scalable GPU cluster management.

Software for simplifying AI cluster deployment and management.

Computing platform ensuring high availability and fault tolerance.

People of Penguin Solutions
Headcount 1000-5000
Employee Profiles 12
Board Members and Advisors 6
Employee Profiles
People
Charles Jerz
Director Total Rewards
People
Chloe Wan
Corporate Controller
People
Joe Clark
President, Cree LED
People
Mark Adams
President & CEO

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Board Members and Advisors
people
Maximiliane Straub
Director
people
Bryan Ingram
Director
people
Sandeep Nayyar
Director
people
Mark Papermaster
Director

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Funding Insights of Penguin Solutions

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $200.0M
  • First Round

    (08 Feb 2022)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2024 Amount Post-IPO - Penguin Solutions Valuation

investors

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are provided to individuals and businesses.
Founded Year Domain Location
Provider of integrated telecommunication services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Penguin Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Penguin Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Penguin Solutions Comparisons

Employees
+
Add Comparison
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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.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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.

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