Fungible was founded in 2015 by Bertrand Serlet, Apple's former VP of software engineering, and Pradeep Sindhu. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Fungible is a data management company that develops hardware and software to improve the performance and efficiency of data centers. The company has customers in industries such as healthcare, manufacturing, agriculture, gaming, and financial services. In 2020, Fungible acquired Cloudistics, a platform that unifies various parts of the data center ecosystem. Fungible has raised more than $300 million in venture capital funding from investors including SoftBank Vision Fund, Norwest Venture Partners, Battery Ventures, Mayfield Fund, Redline Capital, and Walden Riverwood Ventures. The company has not released recent valuation figures.

Register for Details

For more details on financing and valuation for Fungible, register or login.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Learn more about Fungible

Forge green plus iconForge green minus icon

What is Fungible's funding to date?

Fungible has raised $408.81MM to date.
Forge green plus iconForge green minus icon

When was Fungible founded?

Fungible was founded in 2015.

Fungible Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
8/23/2022 Series D, D-1 and D-2 $70.11MM raised $XXX.XX $XXX.XX
6/27/2019 Series C and C-2 $229.8MM raised $XXX.XX $XXX.XX
5/12/2017 Series B $73.01MM raised $XXX.XX $XXX.XX
2/7/2017 Series A $32.1MM raised $XXX.XX $XXX.XX
11/19/2015 Series Seed-1 and Seed-2 $3.79MM raised $XXX.XX $XXX.XX
Based on primary financings
Powered by Forge Data
Updated on: May 18, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.