Fungible Inc. is a technology company headquartered in

Santa Clara, California Santa Clara ( ; Spanish language, Spanish for "Clare of Assisi, Saint Clare") is a city in Santa Clara County, California. The city's population was 127,647 at the 2020 United States census, 2020 census, making it the List of cities and towns i ...

. The company develops hardware and software to improve the performance, reliability and economics of

data center A data center is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunications and storage systems. Since IT operations are crucial for busines ...

History

The company was founded in 2015 by Pradeep Sindhu, co-founder and chief scientist of

Juniper Networks Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California. The company develops and markets networking products, including Router (computing), routers, Network switch, switches, network management so ...

, and

Bertrand Serlet Bertrand Serlet (; born 1960) is a French software engineer and businessman; he worked first at the ''Institut national de recherche en informatique et en automatique'' (INRIA) before leaving France for the United States in 1985. He was the Seni ...

, former senior vice president of software engineering at

Apple Inc. Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Comput ...

In February 2017, the company raised $32 million in a series A round, led by

Mayfield Fund Mayfield, also known as Mayfield Fund, is a US-based venture capital firm that focuses on early-stage to growth-stage investments in enterprise and consumer technology companies. Founded in 1969 and based in Menlo Park, California. History The ...

, Walden Riverwood Ventures and

Battery Ventures Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and Lond ...

. In June 2019, the company raised $200 million (~$ in ) in a series C funding round, led by

SoftBank Vision Fund The SoftBank Vision Fund is a venture capital fund founded in 2017. It is managed by SoftBank Investment Advisers, a subsidiary of the SoftBank Group. With over $100 billion in capital, it is the world's largest technology-focused investment ...

, along with

Norwest Venture Partners Norwest Venture Partners (Norwest) is an American venture and growth equity investment firm. The firm targets early to late-stage venture and growth equity investments across several sectors, including cloud computing and information technology, ...

and existing investors. By then, the company had 200 employees. In September 2019, Fungible announced the appointment of former

Dell Dell Inc. is an American technology company that develops, sells, repairs, and supports personal computers (PCs), Server (computing), servers, data storage devices, network switches, software, computer peripherals including printers and webcam ...

and

IBM International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American Multinational corporation, multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is ...

chief technical officer Dr. Jai Menon as its chief scientist. In July 2021, Fungible announced the appointment of Eric Hayes replacing Pradeep Sindhu as its CEO. In January 2023,

Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...

announced the acquisition of Fungible to bolster its data center infrastructure and their data processing unit.

Products

Fungible develops a new category of programmable

microprocessor A microprocessor is a computer processor (computing), processor for which the data processing logic and control is included on a single integrated circuit (IC), or a small number of ICs. The microprocessor contains the arithmetic, logic, a ...

s called Data Processing Units (DPU), designed to accelerate the processing of data-centric workloads within data centers. The DPU acts as a data traffic controller, shuttling traffic from the network to central processing units (

CPU A central processing unit (CPU), also called a central processor, main processor, or just processor, is the primary processor in a given computer. Its electronic circuitry executes instructions of a computer program, such as arithmetic, log ...

) and graphics processing units ( GPU) from other chip makers. DPUs enable a high speed data center fabric between DPU-enabled compute and storage servers. The microprocessors enable the next evolution of data center infrastructure known as composable disaggregated infrastructure, which is a way for data centers to improve their architecture by disassociating compute and storage elements, removing the physical limitations of existing servers. Data center resources can be pooled and aggregated dynamically over a high speed data fabric.

References

External links

* {{Microsoft 2015 establishments in California American companies established in 2015 Companies based in Santa Clara, California Software companies established in 2015 Software companies based in the San Francisco Bay Area Technology companies based in the San Francisco Bay Area Technology companies established in 2015 Defunct software companies of the United States 2023 mergers and acquisitions Microsoft acquisitions