NGD Systems created the world’s first computational storage system. Focused on bringing compute to data and in doing so, changing the future of storage
Location: United States, California, Irvine
Phone: +1 949-870-9148
Total raised: $32.4M
Founded date: 2013
Investors 3
Funding Rounds 2
| Date | Series | Amount | Investors |
| 12.02.2020 | Series C | $20M | Partech Pa... |
| 13.02.2018 | Series B | $12.4M | - |
Mentions in press and media 8
| Date | Title | Description |
| 30.04.2022 | Computational storage and the new direction of computing | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! The aggravation, the unexpected delays, the lost ... |
| 05.02.2020 | NGD raises $20 million for storage hardware designed to handle AI workloads | IDC predicts that worldwide data will grow 61% to 175 zettabytes by 2025, which will invariably put a strain on infrastructure as organizations look to sort, search, scan, and otherwise derive value from this data. That’s where NGD Systems ... |
| 05.02.2020 | Top tech startup news for today, Wednesday, February 5, 2020: Amazon, LinkedIn, Rad Power Bikes | Good morning! Below are the top tech startups news for today, Wednesday, February 5, 2020. Amazon’s AWS to invest $236 million in Brazil to strengthen cloud infrastructure. Amazon Web Services (AWS), the cloud computing unit of Amazon anno... |
| 05.02.2020 | NGD Systems Gets $20M Funding | Irvine-based NGD Systems, a company developing "computational storage" devices which can run AI, machine learning, and analytics functions within data storage devices, has raised $20M in a Series C funding, the company said this m... |
| 05.02.2020 | NGD Systems Raises $20M in Series C Funding | NGD Systems, an Irvine, Calif.-based Computational Storage company, raised $20m in Series C funding. The round was led by MIG Capital with participation from Western Digital Capital Global, Ltd, the strategic investment fund of Western Digi... |
| 05.02.2020 | Cloud storage startup NGD Systems nabs $20M in Series C funding to bring intelligence to storage using AI and machine learning | NGD Systems, an Irvine, California-based cloud storage startup, has raised $20 million in series C funding to support and accelerate the production and deployment of the world’s first NVMe Computational Storage Drive that continues to enabl... |
| 17.07.2019 | Enterprises struggle to support edge workloads | The use of edge computing is driving a need for more local computing power, but a new study reveals that enterprises are facing problems when it comes to supporting edge workloads. The survey of more than 300 storage professionals from comp... |
| 13.02.2018 | NGD Systems Completes $12.4M Series B Financing | NGD Systems, Inc. (formerly known as NxGnData), an Irvine, CA-based computational storage company, completed a $12.4M Series B round of financing. In addition, the company has received a $4M credit facility from Silicon Valley Bank (SVB). T... |