Fungible Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 248

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $190M

Fungible General Information

Description

Developer of a full-stack infrastructure software designed to leverage the standard components, protocols, and interfaces of data centers. The company's software application focuses to improve the economics, security, and reliability of cloud data centers, enabling cloud data centers to meet the new cloud infrastructure requirements.

Contact Information

Website
www.fungible.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 3201 Scott Boulavard
  • Santa Clara, CA 95054
  • United States
Primary Industry
Systems and Information Management
Other Industries
Business/Productivity Software
Acquirer
Microsoft
Vertical(s)
CloudTech & DevOps
Corporate Office
  • 3201 Scott Boulavard
  • Santa Clara, CA 95054
  • United States

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Fungible Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 09-Jan-2023 $190M Completed Generating Revenue
6. Mezzanine 16-Dec-2021 Completed Generating Revenue
5. Later Stage VC (Series C) 27-Jan-2020 Completed Generating Revenue
4. Early Stage VC (Series B) 12-May-2017 Completed Generating Revenue
3. Early Stage VC (Series A) 07-Feb-2017 Completed Generating Revenue
2. Seed Round $2.12M $5.44M Completed Generating Revenue
1. Seed Round 19-Nov-2015 $3.33M $3.33M Completed Generating Revenue
To view Fungible’s complete valuation and funding history, request access »

Fungible Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C1
Series C
Series B
Series A
Seed-2 2,904,241 $0.000010 $0.04 $0.45 $0.45 1x $0.45 0.87%
Seed-1 10,645,157 $0.000010 0.23% $0.23 $0.23 1x $0.23 3.18%
To view Fungible’s complete cap table history, request access »

Fungible Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a full-stack infrastructure software designed to leverage the standard components, protocols, and interface
Systems and Information Management
Santa Clara, CA
248 As of 2022

San Jose, CA
 

San Jose, CA
 
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Fungible Competitors (38)

One of Fungible’s 38 competitors is Platform9, a Venture Capital-Backed company based in San Jose, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Platform9 Venture Capital-Backed San Jose, CA
RackWare Venture Capital-Backed San Jose, CA
CoreStack Private Equity-Backed Bellevue, WA
VMware Formerly VC-backed Palo Alto, CA
Scality Venture Capital-Backed San Francisco, CA
You’re viewing 5 of 38 competitors. Get the full list »

Fungible Patents

  • 48

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • Pending

  • Expiring in next 12 mo

Fungible Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240311246-A1 High availability using virtual storage controllers in a scale out storage cluster Active 17-Mar-2023
US-20230409215-A1 Graph-based storage management Active 14-Jun-2022
WO-2020214271-A1 Ic routing for silicon circuits with smaller geometries Inactive 16-Apr-2019
WO-2020197720-A1 Low latency packet switch architecture Inactive 27-Mar-2019
WO-2020198255-A1 Congestion control in an on-chip network Inactive 25-Mar-2019 H04L47/263
To view Fungible’s complete patent history, request access »

Fungible Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Fungible Former Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
A&E Investments Venture Capital Minority
Angel (individual) Minority
Battery Ventures Growth/Expansion Minority
Celesta Capital Venture Capital Minority
Angel (individual) Minority
You’re viewing 5 of 18 investors. Get the full list »

Fungible Acquisitions (1)

Fungible’s most recent deal was a Merger/Acquisition with Compose.Cloud. The deal was made on 24-Sep-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Compose.Cloud 24-Sep-2020 Merger/Acquisition Business/Productivity Software
To view Fungible’s complete acquisitions history, request access »

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Fungible FAQs

  • When was Fungible founded?

    Fungible was founded in 2015.

  • Where is Fungible headquartered?

    Fungible is headquartered in Santa Clara, CA.

  • What is the size of Fungible?

    Fungible has 248 total employees.

  • What industry is Fungible in?

    Fungible’s primary industry is Systems and Information Management.

  • Is Fungible a private or public company?

    Fungible is a Private company.

  • What is the current valuation of Fungible?

    The current valuation of Fungible is .

  • What is Fungible’s current revenue?

    The current revenue for Fungible is .

  • How much funding has Fungible raised over time?

    Fungible has raised $324M.

  • Who are Fungible’s investors?

    A&E Investments, , Battery Ventures, Celesta Capital, and are 5 of 18 investors who have invested in Fungible.

  • Who are Fungible’s competitors?

    Platform9, RackWare, CoreStack, VMware, and Scality are some of the 38 competitors of Fungible.

  • When was Fungible acquired?

    Fungible was acquired on 09-Jan-2023.

  • Who acquired Fungible?

    Fungible was acquired by Microsoft.

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