When was Fungible founded?

Fungible was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Fungible located?

Fungible is headquartered in Santa Clara, United States. It is registered at Santa Clara, California.

How many employees does Fungible have?

As of Mar 01, 2026, the latest employee count at Fungible is 200 - 499.

Is Fungible a funded company?

Fungible is a funded company, having raised a total of $300M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 07, 2017.

How much is Fungible worth?

The last known valuation of Fungible was $***** as of Jan 09, 2010.

When was the latest funding round of Fungible?

Fungible's latest funding was a $***** Series C round on Jun 27, 2019, with participation from 2 investors. Its primary sector is Digital ICs. In United States, the Digital ICs sector has seen $6.22B in funding in 2026 to date.

Where does Fungible rank among its competitors?

Fungible ranks 3rd amongst 8 active competitors, of which 5 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was MangoBoost, which secured $6.93M in Dec, 2025.

Who are the top competitors of Fungible?

Fungible's top competitors include MangoBoost, NeuroBlade and Speedata. Among them, MangoBoost secured the most recent funding round in December, 2025.

Fungible - 2026 Company Profile, Team, Funding & Competitors

Q: Is Fungible an acquired company?

Fungible got acquired by Microsoft on Dec 14, 2022.

Fungible is an acquired company based in Santa Clara (United States), founded in 2015. It operates as a Full stack solution for data centres. Fungible has raised $300M in funding from investors like Mayfield, Battery Ventures and SoftBank Vision Fund, with last known valuation of $*****. The company has 8 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like MangoBoost, NeuroBlade and Speedata.

Company Details

Fungible offers a full-stack solution for data centers. It offers full-stack infrastructure software application designed to leverage the standard components, protocols, and interfaces of data centers. The company's full-stack infrastructure software application focuses to improve the economics, security, and reliability of cloud data centers.

Website: fungible.com
Social
Registered Address: Santa Clara, California

Key Metrics

Founded Year

2015

Location

Santa Clara, United States

Stage

Acquired

Total Funding

$300M in 2 rounds

Latest Funding Round

Series C, Jun 27, 2019, $*****

Last Known Valuation

$***** as on Jan 09, 2010

Investors

Mayfield & 10 more

Ranked

3^rd among 8 active competitors

Employee Count

200 - 499 as on Mar 01, 2026

Investment & Acquisitions

Cloudistics

Similar Companies

MangoBoost & 6 more

Exit Details

Acquired by Microsoft (Dec 14, 2022)

View Fungible's full profile

Fungible is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
FUNGIBLE INDIA PRIVATE LIMITED CIN: U72501KA2017FTC106690 , India, Active	Sep 26, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	71 (As on Feb 28, 2023)
FUNGIBLE, INC. CIN: 474522162 , United States, Active	May 14, 2015	-	133 (As on Dec 31, 2022)	-

Fungible got acquired by Microsoft on Dec 14, 2022 at an acquisition amount of $*****.

Click here to take a look at Fungible's acquisition in detail

Fungible has raised a total funding of $300M over 2 rounds. Its first funding round was on Feb 07, 2017. Its latest funding round was a Series C round on Jun 27, 2019 for $*****. 2 investors participated in its latest round. Fungible has 11 institutional investors.

Here is the list of recent funding rounds of Fungible:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 27, 2019	2640005	Series C	4867327	9643235	8059047	3793536
Feb 07, 2017	6986743	Series A	8160082	4417535	Battery Ventures & 2 more	Juniper Networks

Access funding benchmarks and valuations. Sign up today!

View details of Fungible's funding rounds and investors

Fungible's employee count trend

Fungible has 200 - 499 employees as of Mar 26. Here is Fungible's employee count trend over the years:

Uncover Fungible's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Fungible include MangoBoost, NeuroBlade and Speedata. Here is the list of Top 10 competitors of Fungible, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MangoBoost 2022, Bellevue (United States), Series B	Developer of data processing unit solutions for scalable data centers	$72.5M	IMM Investment, Shinhan Venture Investment ... & 11 others	62/100
2nd	NeuroBlade 2016, Palo Alto (United States), Series B	Provider of big data analytics solutions	$110M	Corner Ventures, Grove Ventures & 12 others	61/100
3rd	Fungible 2015, Santa Clara (United States), Acquired	Full stack solution for data centres	$300M	Samsung Catalyst Fund, Dell Technologies Capital ... & 9 others	49/100
4th	Speedata 2019, Netanya (Israel), Series B	Provider of a platform offering analytics processing solutions	$114M	Walden Catalyst, 83NORTH & 7 others	49/100
5th	Pensando Systems 2017, San Jose (United States), Acquired	Provider of software-defined edge services platform	$313M	Qualcomm Ventures, Liberty Global & 8 others	49/100
6th	Cloud Leopard 2020, Shenzhen (China), Series B	Developer of data processing unit (DPU) chips and related solutions	-	One Village Capital, Temasek & 7 others	38/100
7th	YUSUR Technology 2018, Haidian (China), Series B	Developer of data processing units and high performance computing hardware	-	Financial Street Capital Operation Center, Maison Capital ... & 4 others	37/100
8th	Nebula Zhilian 2021, Shenzhen (China), Funding Raised	Designer o DPU chips	-	Fosun RZ Capital, CDH	20/100