# Pensando Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pensando-systems

- Industry: Software
- Headquarters: Milpitas, US
- Website: www.pensando.io
- Total disclosed funding: $225M
- Latest round: Series C (Aug 2, 2021)
- Investors on record: 5

## About

Pensando Systems Inc. develops innovative technology solutions that enhance operational efficiency across diverse sectors, focusing on real-time data analysis and automated workflows to improve client experiences.Founded in 2017 in Milpitas, US, Pensando Systems Inc. specializes in providing technology solutions aimed at optimizing operational capabilities. The company has completed 6 deals, with the most recent being a TRADE SALE in April 2022 amounting to USD 1,900.00 mn. The firm was acquired by Advanced Micro Devices, Inc. from various investors including Ericsson Ventures and Qualcomm Ventures, completing the transaction in May 2022. Prem Jain, who co-founded the company, also serves as the CEO.Pensando Systems Inc. specializes in innovative technology solutions designed to enhance operational efficiency and user experience. Their core offerings include software applications that facilitate real-time data analysis and automated workflows. These products cater to a diverse client base across North America and Europe, addressing needs such as resource optimization and customer engagement. Each product was developed recently, reflecting the company's commitment to market adaptation.The revenue model of Pensando Systems Inc. includes subscription-based services and transactional partnerships. Clients typically engage through annual or monthly subscriptions for access to the software suite, with options for dedicated support and updates. The pricing structure accommodates various business sizes, allowing for scalability. Furthermore, strategic partnerships contribute to revenue growth by expanding market reach and supporting co-marketing initiatives.Following the TRADE SALE completed in May 2022, Pensando Systems Inc. plans to leverage the resources of Advanced Micro Devices, Inc. to accelerate growth and expand its client base. The company is expected to enhance its product offerings and enter new geographic markets. The acquisition aims to facilitate this expansion, with the management team, led by CEO Prem Jain, joining AMD’s Data Center Solutions Group to enhance product development and market penetration strategies.

## Funding rounds

- Series C, Aug 2, 2021, $35M — Qualcomm Ventures, Liberty Global Ventures, Ericsson Ventures
- Series C, Nov 10, 2020, $45M — Qualcomm Ventures
- Series C, Oct 16, 2019, $145M — Lightspeed Venture Partners, Hewlett Packard Enterprise Development LP

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series C
- Hewlett Packard Enterprise Development LP — Series C
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C
- Liberty Global Ventures (https://capitalatlas.ai/funds/liberty-global-ventures) — Series C
- Ericsson Ventures (https://capitalatlas.ai/funds/ericsson-ventures) — Series C