Tech Company Financing Transactions
Fungible Funding Round
Fungible, based in Santa Clara, received $200 million from SoftBank Vision Fund, Norwest Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
6/28/2019
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Series C
Investors
SoftBank Vision Fund (Lead Investor) (Deep Nishar)
Proceeds Purpose
The Series C financing will be used to accelerate the company's product development and to ramp sales and marketing efforts.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3201 Scott Blvd.
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Fungible is a data center infrastructure company co-founded by legendary Silicon Valley entrepreneur Pradeep Sindhu, founder of Juniper Networks, and Apple's former software engineering leader, Bertrand Serlet. It is building a full-stack solution that will revolutionize the economics, security and reliability of cloud data centers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pradeep Sindhu
Founder
Bertrand Serlet
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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