When was NGD Systems founded?

NGD Systems was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is NGD Systems located?

NGD Systems is headquartered in Irvine, United States. It is registered at Irvine, California.

How many employees does NGD Systems have?

As of Apr 30, 2026, the latest employee count at NGD Systems is 6.

Is NGD Systems a funded company?

NGD Systems is a funded company, having raised a total of $45M across 7 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Dec 16, 2015.

When was the latest funding round of NGD Systems?

NGD Systems' latest funding was a $***** Series C round on Feb 05, 2020, with participation from 6 investors. Its primary sector is Embedded Systems. In United States, the Embedded Systems sector has seen $320M in funding in 2026 to date.

Where does NGD Systems rank among its competitors?

NGD Systems ranks 52nd amongst 298 active competitors, of which 45 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Open Drives, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of NGD Systems?

NGD Systems' top competitors include Micron, Seagate and SanDisk. Among them, Open Drives secured the most recent funding round in January, 2026.

NGD Systems - 2026 Company Profile, Team, Funding & Competitors

NGD Systems is a deadpooled company based in Irvine (United States), founded in 2013 by Nader Salessi. It operates as a Developer of SSD storage systems. NGD Systems has raised $45M in funding from MIG Capital and Partech Partners. The company has 298 active competitors, including 45 funded and 66 that have exited. Its top competitors include companies like Micron, Seagate and SanDisk.

Company Details

Developer of SSD storage systems. It offers a converged platform that provides enterprise SSD storage capabilities and computes resources. Its product is optimized for applications requiring consistent and low-latency mass storage.

Website: www.ngdsystems.com/
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Registered Address: Irvine, California

Key Metrics

Founded Year

2013

Location

Irvine, United States

Stage

Deadpooled

Total Funding

$45M in 7 rounds

Latest Funding Round

Series C, Feb 05, 2020, $*****

Investors

MIG Capital & 12 more

Ranked

52^nd among 298 active competitors

Employee Count

6 as on Apr 30, 2026

Similar Companies

Micron & 292 more

View NGD Systems' full profile

NGD Systems is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ngd Systems, Inc. CIN: 462981884 , United States, Active	Dec 26, 999	-	25 (As on Dec 31, 2022)	-

NGD Systems has raised a total funding of $45M over 7 rounds. Its first funding round was on Dec 16, 2015. Its latest funding round was a Series C round on Feb 05, 2020 for $*****. 6 investors participated in its latest round. NGD Systems has 13 institutional investors.

Here is the list of recent funding rounds of NGD Systems:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 05, 2020	3416472	Series C	2752241	4326959	2863485	9843101
Feb 13, 2018	6043820	Series B	6091514	2034840	6194218	Benhamou Global Ventures & 2 more
Feb 13, 2018	9935665	Conventional Debt	2205766	3766525	1806565	SVB

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View details of NGD Systems's funding rounds and investors

The founders of NGD Systems is Nader Salessi.

Here are the details of NGD Systems' key team members:

Nader Salessi: Former Co-Founder of NGD Systems.

View details of NGD Systems's Founder profiles and Board Members

NGD Systems' employee count trend

NGD Systems has 6 employees as of Apr 26. Here is NGD Systems's employee count trend over the years:

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Top competitors of NGD Systems include Micron, Seagate and SanDisk. Here is the list of Top 10 competitors of NGD Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Micron 1978, Boise (United States), Public	Manufacturer of memory and storage solutions for various applications	$1.3B	Alcor Fund, Bondeinvest.com & 3 others	78/100
2nd	Seagate 1979, Scotts Valley (United States), Public	Manufacturer of data storage solutions including hard drives and SSDs	-	August Capital, Silver Lake & 15 others	78/100
3rd	SanDisk 1988, Milpitas (United States), Public	Manufacturer of solid state drives, memory cards, and flash drives	-	Endeavour Vision, Oak Investment Partners ... & 5 others	78/100
4th	EMC 1979, Hopkinton (United States), Acquired	Dell India: Computers, monitors, and technology solutions provider	-	Norwest, GTCR	67/100
5th	Everspin 2008, Chandler (United States), Public	Manufacturer of magnetoresistive random-access memory (MRAM) solutions. It designs, manufactures, and ships discrete and embedded MRAM and STT-MRAM products. These memory solutions are used in applications requiring data persistence, integrity, low latency, and security. The company's MRAM products are utilized across various markets including data centers, cloud storage, energy, industrial, automotive, and transportation sectors. It possesses a significant intellectual property portfolio and utilizes advanced manufacturing processes. The company offers both in-plane and perpendicular magnetic tunnel junction (MTJ) STT-MRAM bit cells.	$68.5M	EPIC Ventures, Western Digital Cptl & 11 others	63/100
6th	YMTC 2016, Wuhan (China), Series D	Manufacturer of non-volatile memory ICs	$220M	Xiamen Juda Trading, Quanhong Investment & 6 others	62/100
7th	Data Patterns 1985, Chennai (India), Public	Provider of mission‑critical embedded electronic systems and sensor‑centric solutions	-	SIDBI Venture Capital, Yali Capital & 1 others	62/100
8th	Open Drives 2011, Santa Monica (United States), Series B	Enterprise data management and storage solutions provider enabling data-intensive workflows	$35M	IAG Capital Partners, Tull Investment & 4 others	61/100
9th	Adesto 2007, Sunnyvale (United States), Acquired	Low power CBRAM for IoT, health	$75M	Adams Street Partners, Applied Materials & 8 others	60/100
10th	Cavium Networks 2001, San Jose (United States), Acquired	Intelligent networks using ARM and MIPS processors	$77.5M	Alliance Venture, Saints Capital & 8 others	57/100
52nd	NGD Systems 2013, Irvine (United States), Deadpooled	Developer of SSD storage systems	$45M	Western Digital, Mission and Market & 11 others	41/100