NGD Systems
2013
FOUNDED
PRIVATE
STATUS
31-40
EMPLOYEES
Series C
LATEST DEAL TYPE
$26.5M
LATEST DEAL AMOUNT
9
INVESTORS
Description
Developer of an intelligent storage platform designed to create a new category of storage devices that bring computation to data. The company's computational storage solutions use SSD storage solutions via its In-Situ Processing and allows to utilize core platforms in storage, HPC, server, rack and power solutions that is required for an optimal SW and HW ecosystem, enabling customers to create, manage and execute applications while satisfying the growth of edge, datacenters and AI.
Website
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
Request full access to PitchBook
You’re viewing a free company profile from the PitchBook Platform. To explore NGD Systems’s full profile, request a free trial.
NGD Systems Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series C) | 10-Oct-2019 | $26.5M | 000.00 | 00000 | Completed | Generating Revenue |
| 5. Early Stage VC (Series B1) | 16-Aug-2018 | 00.00 | 0000 | 0000 | 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 | 00.00 | 0.000 | |
| Series B | 5,790,400 | $0.000100 | $2.5 | $2.5 | 1x | $2.5 | 19.34% | |
| Series A | 6,699,882 | $0.000100 | $1.69 | $1.69 | 1x | $1.69 | 22.38% |
NGD Systems Competitors (36)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Excelero | Venture Capital-Backed | San Jose, CA | 00 | 000.00 | 0000000000 0 | 000.00 |
| 000000000 | Formerly VC-backed | Milpitas, CA | 00 | 000.00 | 000000&0 | 000.00 |
| 0000000 | Formerly VC-backed | San Jose, CA | 000.00 | 000000&0 | 000.00 | |
| 0000 0000000 | Formerly VC-backed | Mountain View, CA | 0000 | 00000 | 00000000000 | 00000 |
| 0000000 | Venture Capital-Backed | Sunnyvale, CA | 000 | 00000 | 0000000000 0 | 00000 |
NGD Systems Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| MIG Private Equity | Limited Partner | Minority | 000 0000 | 000000 0 | ||
| Western Digital Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| 7 Gate Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Orange Digital Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Partech Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
NGD Systems Executive Team (8)
1 Former Executive
You’re viewing 5 of 8 executives. Get the full list »NGD Systems Board Members (8)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Amir Nayyerhabibi | Benhamou Global Ventures | Chairman | 000 0000 | |
| Daniel Flynn JD | Western Digital Capital | Board Observer | 000 0000 | |
| Eric Buatois | Benhamou Global Ventures | Board Member | 000 0000 | |
| Nader Salessi | NGD Systems | Co-Founder, Chief Executive Officer & Chairman | 000 0000 | |
| Reza Malekzadeh | Partech Partners | Board Member | 000 0000 |