Fungible IPO

fungible.com

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.

Founded2015
Total Funding to Date$408.81MM
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Fungible Ticker Symbol

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Fungible Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO 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
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