Pensando Systems, a San Jose, Calif.-based company advancing a new edge services model of enterprise and cloud computing, raised up to $145m in a Series C funding.
Backers included Hewlett Packard Enterprise and Lightspeed Venture Partners. This will bring the total amount raised to $278m after an earlier founder-led series A round of $71m, and a customer-led series B round of $62m.
Mark Potter, chief technology officer of Hewlett Packard Enterprise (HPE), and Barry Eggers, a partner of Lightspeed Venture Partners, joined the board of directors, with John Chambers, CEO of JC2 Ventures, leading as chairman.
The company intends to use the funds to accelerate engineering, operations, and go-to-market activities.
Founded in 2017, Pensando Systems is advancing distributed computing designed for the New Edge, powering software-defined cloud, compute, networking, storage and security services to transform existing architectures into secure, ultra-fast environments demanded by next generation applications.
The platform was developed in collaboration with the largest cloud, enterprise, storage, and telecommunications leaders and is supported by partnerships and investments with HPE, NetApp, Equinix, and multiple Fortune 500 customers.
Led by Silicon Valley’s legendary “MPLS” team — Mario Mazzola, Prem Jain, Luca Cafiero, Soni Jiandani and Randy Pond, Pensando also launched its flagship software-defined edge services platform that delivers programmable software-defined cloud, compute, networking, storage, and security services wherever data is located.