Tech Company Financing Transactions
Pensando Systems Funding Round
Hewlett Packard Ventures and Lightspeed Venture Partners participated in a $145 million Series C funding round for Pensando Systems. The round was announced on 10/17/2019.
Transaction Overview
Company Name
Announced On
10/17/2019
Transaction Type
Venture Equity
Amount
$145,000,000
Round
Series C
Proceeds Purpose
The company intends to use the funds to accelerate engineering, operations, and go-to-market activities.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
1730 Technology Dr.
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Website
Email Address
Not Recorded
Overview
Pensando Systems is pioneering distributed computing designed for the New Edge, powering software-defined cloud, compute, networking, storage and security services to transform existing architectures into the secure, ultra-fast environments demanded by next generation applications.
Management Team
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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