Company:Fungible Inc.
 | |
| Type | Private |
|---|---|
| Industry | Data Center Technology |
| Founded | 2015 |
| Founders | |
| Headquarters | Santa Clara, California , United States |
Key people |
|
Number of employees | 200[5] |
| Parent | Microsoft (2023–present) |
| Website | fungible |
Fungible Inc. is a technology company headquartered in Santa Clara, California. The company develops hardware and software to improve the performance, reliability and economics of data centers.[6]
History
The company was founded in 2015 by Pradeep Sindhu, co-founder and chief scientist of Juniper Networks, and Bertrand Serlet, former senior vice president of software engineering at Apple Inc.[7][8]
In February 2017, the company raised $32 million in a series A round, led by Mayfield Fund, Walden Riverwood Ventures and Battery Ventures.[9]
In June 2019, the company raised $200 million in a series C funding round, led by SoftBank Vision Fund, along with Norwest Venture Partners and existing investors.[10] By then, the company had 200 employees.[5]
In September 2019, Fungible announced the appointment of former Dell and IBM chief technical officer Dr. Jai Menon as its chief scientist.[11]
In July 2021, Fungible announced the appointment of Eric Hayes replacing Pradeep Sindhu as its CEO.[12]
In January 2023, Microsoft announced the acquisition of Fungible to bolster its data center infrastructure and their data processing unit.[13]
Products
Fungible develops a new category of programmable microprocessors called Data Processing Units (DPU), designed to accelerate the processing of data-centric workloads within data centers.[14][15] The DPU acts as a data traffic controller, shuttling traffic from the network to central processing units (CPU) and graphics processing units (GPU) from other chip makers. DPUs enable a high speed data center fabric between DPU-enabled compute and storage servers.[10][15]
The microprocessors enable the next evolution of data center infrastructure known as composable disaggregated infrastructure, which is a way for data centers to improve their architecture by disassociating compute and storage elements, removing the physical limitations of existing servers.[16] Data center resources can be pooled and aggregated dynamically over a high speed data fabric.[17]
References
- ↑ Mellor, Chris (2020-02-11). "Fungible aims to slay the CPU bogeyman with composable microprocessor" (in en-GB). https://blocksandfiles.com/2020/02/11/fungible-inc-composable-dpu-microprocessor/.
- ↑ Greenwald, Ted (2017-02-07). "Juniper Networks Founder Embarks on Cloud-Style Chip Venture" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/juniper-networks-founder-embarks-on-cloud-style-chip-venture-1486470603.
- ↑ Mellor, Chris (2020-02-11). "Fungible aims to slay the CPU bogeyman with composable microprocessor" (in en-GB). https://blocksandfiles.com/2020/02/11/fungible-inc-composable-dpu-microprocessor/.
- ↑ Greenwald, Ted (2017-02-07). "Juniper Networks Founder Embarks on Cloud-Style Chip Venture" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/juniper-networks-founder-embarks-on-cloud-style-chip-venture-1486470603.
- ↑ 5.0 5.1 "Fungible raises $200M Series C with aim to improve data centers". 2019-06-27. https://www.bizjournals.com/sanjose/news/2019/06/27/fungible-raises-200m-series-c-with-aim-to-improve.html. Retrieved 2019-10-08.
- ↑ "Fungible CEO on improving economics, reliability and performance of data centers". https://www.cnbc.com/video/2019/06/29/fungible-ceo-on-improving-economics-reliability-and-performance-of-data-centers.html.
- ↑ "Juniper Networks co-founder steps aside to lead cloud startup". 2017-02-07. https://www.bizjournals.com/sanjose/news/2017/02/07/juniper-networks-pradeep-sindhu-fungible.html.
- ↑ "Juniper founder’s new startup Fungible raises $200M for data processing unit" (in en-US). 2019-06-27. https://siliconangle.com/2019/06/27/juniper-networks-founders-new-startup-raises-200m-data-processing-unit/.
- ↑ "Juniper Networks Founder Embarks on Cloud-Style Chip Venture". 2017-02-07. https://www.wsj.com/articles/juniper-networks-founder-embarks-on-cloud-style-chip-venture-1486470603. Retrieved 2019-10-08.
- ↑ 10.0 10.1 "Fungible raises $200 million led by SoftBank Vision Fund to help companies handle increasingly massive amounts of data" (in en-US). http://social.techcrunch.com/2019/06/27/fungible-raises-200-million-led-by-softbank-vision-fund-to-help-companies-handle-increasingly-massive-amounts-of-data/.
- ↑ Fungible. "Former Dell and IBM Executive Joins Fungible as Chief Scientist" (in en). https://www.prnewswire.com/news-releases/former-dell-and-ibm-executive-joins-fungible-as-chief-scientist-300926044.html.
- ↑ "Fungible Appoints Former Marvell and Broadcom Executive As New CEO". 14 July 2021. https://markets.businessinsider.com/news/stocks/fungible-appoints-former-marvell-and-broadcom-executive-as-new-ceo-1030605942.
- ↑ "Microsoft announces acquisition of Fungible to accelerate datacenter innovation - The Official Microsoft Blog". 9 January 2023. https://blogs.microsoft.com/blog/2023/01/09/microsoft-announces-acquisition-of-fungible-to-accelerate-datacenter-innovation.
- ↑ "Fungible raises $200 million for datacenter computing" (in en-US). 2019-06-27. https://venturebeat.com/2019/06/27/fungible-raises-200-million-for-datacenter-computing/.
- ↑ 15.0 15.1 "To handle the data tsunami, Juniper's founder turns to custom silicon" (in en-US). 2018-11-30. https://siliconangle.com/2018/11/30/junipers-founder-turns-to-custom-silicon-for-handling-the-data-tsunami-mayfield50/.
- ↑ "Next-Gen Data Center Vendor Fungible Raises $200M In Funding". 2019-06-27. https://www.crn.com/news/data-center/next-gen-data-center-vendor-fungible-raises-200m-in-funding. Retrieved 2019-10-03.
- ↑ "Words to go: Composable disaggregated infrastructure glossary". 2019-06-07. https://searchconvergedinfrastructure.techtarget.com/feature/Words-to-go-Composable-disaggregated-infrastructure. Retrieved 2019-10-08.
External links
 |
