NGD Systems Overview
- Founded
-
2013
- Status
-
Private
- Employees
-
31
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$11M
- Investors
-
12
NGD Systems General Information
Description
Developer of a computational storage platform designed to create a new category of storage devices that bring computation to data. The company's platform uses SSD storage via its In-Situ Processing to utilize core platforms in storage, HPC, server, rack, and power that are required for an optimal SW and HW ecosystem, enabling clients to create, manage and execute applications while satisfying the growth of edge, data centers, and artificial intelligence.
Contact Information
Website
www.ngdsystems.com
Formerly Known As
NxGn Data
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Storage (IT)
Other Industries
Business/Productivity Software
Primary Office
- 355 Goddard
- Suite 200
- Irvine, CA 92618
- United States
+1 (949) 000-0000
NGD Systems Timeline
NGD Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 01-Apr-2022 | $11M | 000.00 | Completed | Generating Revenue | |
| 8. Secondary Transaction - Private | 27-Oct-2021 | 000.00 | Completed | Generating Revenue | ||
| 7. Debt - PPP | 27-Apr-2020 | 00.000 | 000.00 | Completed | Generating Revenue | |
| 6. Later Stage VC (Series C) | 10-Oct-2019 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
| 5. Later Stage VC (Series B1) | 16-Aug-2018 | 00.00 | 0000 | 000.00 | Completed | Generating Revenue |
| 4. Early Stage VC (Series B) | 22-Nov-2017 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
| 3. Grant | 17-Mar-2017 | 00000 | 000.00 | Completed | Generating Revenue | |
| 2. Early Stage VC (Series A) | 31-Mar-2016 | $10.1M | $10.1M | 000.00 | Completed | Generating Revenue |
| 1. Grant | 16-Dec-2015 | $150K | Completed | Generating Revenue |
NGD Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00.000 | ||
| Series B-1 | 000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 0.000 | ||
| Series B | 5,790,400 | $0.000100 | $2.5 | $2.5 | $2.5 | 19.71% | ||
| Series A | 6,699,882 | $0.000100 | $1.69 | $1.69 | $1.69 | 22.81% |
NGD Systems Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a computational storage platform designed to create a new category of storage devices that bring computatio
Storage (IT)
Irvine, CA
31
As of 2022
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San Jose, CA
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Santa Clara, CA
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Add Comparison
NGD Systems Competitors (31)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ScaleFlux | Venture Capital-Backed | San Jose, CA | 000 | 000.00 | 00000000000 | 000.00 |
| 0000000000 | Formerly VC-backed | Santa Clara, CA | 000 | 0000 | 000000&0 | 0000 |
| 000000 | Corporate Backed or Acquired | Torrance, CA | 00 | 000000&0 | ||
| 00000000 | Venture Capital-Backed | San Mateo, CA | 000 | 00000 | 00000000000 | 00000 |
| 0000000 | Private Equity-Backed | San Jose, CA | 00 | 00000 | 000000000 - | 00000 |
NGD Systems Patents
NGD Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20200387330-A1 | Heterogeneous in-storage computation | Inactive | 10-Jun-2019 | 0000000000 | |
| US-20220113912-A1 | Heterogeneous in-storage computation | Pending | 10-Jun-2019 | 0000000000 | |
| US-11080409-B2 | Ssd content encryption and authentication | Active | 07-Nov-2018 | 0000000000 | 00 |
| US-20200143067-A1 | Ssd content encryption and authentication | Active | 07-Nov-2018 | 0000000000 | 00 |
| US-10929206-B2 | System and method for outward communication in a computational storage device | Active | 16-Oct-2018 | G06F9/542 |
NGD Systems Executive Team (8)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Vladimir Alves Ph.D | Co-Founder, Chief Technology Officer & Board Member | ||
| Michael Yousef | Senior Vice President, Sales | ||
| Eli Tiomkin | Vice President, Business Development |
NGD Systems Board Members (9)
| Name | Representing | Role | Since |
|---|---|---|---|
| Amir Nayyerhabibi | Benhamou Global Ventures | Board Member | 000 0000 |
| Daniel Flynn JD | Western Digital Capital | Board Observer | 000 0000 |
| Kaushik Roy | Western Digital Capital | Board Observer | 000 0000 |
| Reza Malekzadeh | Partech | Board Member | 000 0000 |
| Richard Merage | MIG Private Equity | Board Member | 000 0000 |
NGD Systems Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
NGD Systems Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Dover Asset Advisors | Corporation | Minority | 000 0000 | 000000 0 | |
| MIG Private Equity | Limited Partner | Minority | 000 0000 | 000000 0 | |
| Mission and Market | Angel Group | Minority | 000 0000 | 000000 0 | |
| Western Digital Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Yann Kandelman | Angel (individual) | Minority | 000 0000 | 000000 0 |