When was Pensando Systems founded?

Pensando Systems was founded in 2017.

Where is Pensando Systems located?

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

How many employees does Pensando Systems have?

As of Mar 31, 2026, the latest employee count at Pensando Systems is 272.

Is Pensando Systems a funded company?

Pensando Systems is a funded company, having raised a total of $313M across 5 funding rounds to date. The company's 1st funding round was a $***** Series B round.

When was the latest funding round of Pensando Systems?

Pensando Systems' latest funding was a $***** Series C round on Aug 02, 2021, with participation from 3 investors.

Where does Pensando Systems rank among its competitors?

Pensando Systems ranks 5th amongst 8 active competitors, of which 5 are funded. It stands 1st 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 Pensando Systems?

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

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

Pensando Systems is an acquired company based in San Jose (United States), founded in 2017. It operates as a Provider of software-defined edge services platform. Pensando Systems has raised $313M in funding from investors like Lightspeed Venture Partners, Qualcomm Ventures and Ericsson. The company has 8 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like MangoBoost, Speedata and NeuroBlade.

Company Details

Pensando is a provider of a software-defined edge service platform. It enables enterprises to transform their current infrastructure into a cloud-like environment and run their servers more efficiently. It contains a fully-programmable processor optimized to execute a software stack delivering cloud, compute, networking, storage, and security services wherever data is located.

Website: pensando.io
Social
Registered Address: Milpitas, California

Key Metrics

Founded Year

2017

Location

San Jose, United States

Stage

Acquired

Total Funding

$313M in 5 rounds

Latest Funding Round

Series C, Aug 02, 2021, $*****

Investors

Lightspeed Venture Partners & 8 more

Ranked

5^th among 8 active competitors

Employee Count

272 as on Mar 31, 2026

Similar Companies

MangoBoost & 6 more

Exit Details

Acquired by AMD (Apr 04, 2022)

View Pensando Systems' full profile

Pensando Systems is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PENSANDO SYSTEMS INDIA PRIVATE LIMITED CIN: U72900KA2018FTC118059 , India, Amalgamated	Oct 27, 2018	$1M - $10M (As on Mar 31, 2023)	111 (As on Jun 30, 2022)
PENSANDO SYSTEMS, INC. CIN: 814741806 , United States, Active	Dec 19, 2016	-	50 (As on Dec 31, 2022)	-

Pensando Systems got acquired by AMD on Apr 04, 2022.

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

Pensando Systems has raised a total funding of $313M over 5 rounds. Its latest funding round was a Series C round on Aug 02, 2021 for $*****. 3 investors participated in its latest round. Pensando Systems has 9 institutional investors.

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

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 02, 2021	8241782	Series C	5995492	9421951	6768098	8672025
Nov 10, 2020	2470677	Series C	2501032	3953990	2813744	4687998
Oct 16, 2019	5972056	Series C	9591295	8138703	Hewlett Packard Enterprise & 1 more	2179374

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View details of Pensando Systems's funding rounds and investors

Pensando Systems' employee count trend

Pensando Systems has 272 employees as of Mar 26. Here is Pensando Systems's employee count trend over the years:

Employee count trend for Pensando Systems

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Top competitors of Pensando Systems include MangoBoost, Speedata and NeuroBlade. Here is the list of Top 10 competitors of Pensando Systems, 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	63/100
2nd	Speedata 2019, Netanya (Israel), Series B	Provider of a platform offering analytics processing solutions	$114M	83NORTH, Walden Catalyst & 6 others	62/100
3rd	NeuroBlade 2016, Palo Alto (United States), Series B	Provider of big data analytics solutions	$110M	Corner Ventures, Grove Ventures & 12 others	60/100
4th	Fungible 2015, Santa Clara (United States), Acquired	Full stack solution for data centres	$300M	Celesta Capital, SoftBank Vision Fund & 9 others	51/100
5th	Pensando Systems 2017, San Jose (United States), Acquired	Provider of software-defined edge services platform	$313M	Vibhu Venture Partners, Goldman Sachs & 7 others	49/100
6th	YUSUR Technology 2018, Haidian (China), Series B	Provider of domain specific computer architecture	-	Financial Street Capital Operation Center, Maison Capital ... & 4 others	37/100
7th	Cloud Leopard 2020, Shenzhen (China), Series B	Developer of data processing unit (DPU) chips and related solutions	-	One Village Capital, Temasek & 7 others	37/100
8th	Nebula Zhilian 2021, Shenzhen (China), Funding Raised	Designer o DPU chips	-	Fosun RZ Capital, CDH	20/100