Pensando Systems Receives Strategic Investment from Qualcomm Ventures

Pensando Systems

Pensando Systems, a Milpitas, CA-based provider of a distributed computing platform for the “New Edge,” received funding from Qualcomm Ventures.

The amount of the deal was not disclosed.

Led by Prem Jain, CEO, Pensando Systems provides a Distributed Services platform that enables service providers to rapidly innovate and securely deploy new services at hyperscale by offloading critical services, freeing up costly CPU cycles for control functions, enhancing server scale, and increasing wireless coverage.

The solution can be centrally managed via the Pensando Policy and Services manager enabling pervasive network visibility via hardware bi-directional flow streaming and traffic mirroring capabilities.

The platform was developed in collaboration with the world’s largest cloud, enterprise, storage, and telecommunications leaders and is supported by partnerships with Hewlett Packard Enterprise, NetApp, Equinix, and multiple Fortune 500 customers.

Beyond Jain, the company’s management team includes Mario Mazzola, Luca Cafiero, Soni Jiandani and Randy Pond.

FinSMEs

12/11/2020

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