Fungible

company

About

Fungible creates hardware and software platforms for data centers.

Details

Last Funding Type
Series C
Last Funding Money Raised
$2.49M
Industries
Computer,Data Center,Hardware,Software
Founded date
Jan 1, 2015
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Fungible, Inc.

Fungible creates hardware and software platforms for data centers.

The company's mission is a chip responsible for data movement. This chip is low latency, high throughput, and highly programmable. Its founders have a track record leading and impacting the networking, silicon and software industries.

The company is based in Santa Clara, California and was founded on 2015.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$310.92M
Fungible has raised a total of $310.92M in funding over 2 rounds. Their latest funding was raised on Jun 27, 2019 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 27, 2019 Series C $200M 2 SoftBank Vision Fund Detail
May 12, 2019 Series C $2.49M 1 Detail
May 30, 2017 Series B $60M 2 Detail
May 12, 2017 Series B $5.42M 1 Celesta Capital Detail
Feb 7, 2017 Series A $32.50M 3 Battery Ventures
Mayfield Fund
Walden Riverwood Ventures
Detail

Investors

Number of Lead Investors
Number of Investors
6
8
Fungible is funded by 8 investors. SoftBank Vision Fund and Battery Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
SoftBank Vision Fund Yes Series C
Battery Ventures Yes Series A
Mayfield Fund Yes Series A
Walden Riverwood Ventures Yes Series A
Norwest Venture Partners Series C
Celesta Capital Series C
Redline Capital Series B
Samsung Catalyst Fund Series B

Employee Profiles

Number of Employee Profiles
15
Fungible has 15 current employee profiles, including Board member Lip-Bu Tan
Board member
Board member
Board member
Board member
Board observer

Acquisition

Fungible has acquired 1 organizations. Their most recent acquisition was Cloudistics on Sep 24, 2020. They acquired Cloudistics for 0.

Date Company Name
Industry Acquisition Type Price
Sep 24, 2020 Cloudistics
Cloud Infrastructure acquisition Detail