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Penguin Solutions

ActiveOperating status — whether the company still runs independently. “Closed” usually means it was acquired, merged, or shut down.🔥 HighHeat score — how much recent activity & attention the company has (web traffic, news, hiring).📈 Low growthGrowth score — momentum trend across web traffic, headcount and other growth signals.
Fremont, California, United States Founded 1988 1001-5000 employees For Profit

Penguin Solutions helps companies expedite their digital transformation by utilizing the potential of emerging technologies.

Penguin Solutions on Acquirezy — acquisitions, funding rounds, investments, investors, key people & contacts.

Total Funding
$375M
Funding Rounds
2
Last Funding
Acquisitions
2
Investments
3
2 exits
Monthly Visits
Contacts
54
Ticker
PENG
NASDAQ
Patents
6
21 trademarks

About Penguin Solutions

Funding & Financials

Total funding
Funding rounds
Last funding
Last funding type
Last funding date
Funding status
Total equity funding
Revenue range

IPO & Stock

IPO status
Public
Ticker
PENG
Exchange
NASDAQ
IPO date
May 24, 2017
Raised at IPO
$58.3M
Valuation at IPO
$227.7M

Web Traffic

Monthly visits
Global traffic rank
6-mo avg visits
Visit duration (s)
Pages / visit
Bounce rate
Rank change (mo)

Technology & IP

Active technologies
7
Active products
24
Patents granted
6
Trademarks
21
IT spend
$105.76M

Investor Activity

Investments
3
Portfolio orgs
2
Diversity investments
2
Exits
2

Company Info

Founded
1988
Employees
1001-5000
Operating status
Active
Company type
For Profit
Org types
company, investor
Founders
1
Sub-organizations
1
News articles
231
Events
1
HQ
Fremont, California, United States
Region
San Francisco Bay Area, Silicon Valley, West Coast
Exit date
May 24, 2017

Signals & Scores

Heat score
High
Growth score
Low
Trend (7d)
5.9
Trend (30d)
7.6
Trend (90d)
8.2
Last leadership hire
Jun 1, 2026

Penguin Solutions Funding Rounds

2 results
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Organization NameFunding TypeLead Investor NamesInvestor NamesFunding StageOrg IndustriesOrg Hq CityOrg Hq CountryOrg DescriptionOrg Number Of EmployeesOrg Website
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Penguin Solutions Investments

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Penguin Solutions Acquisitions

2 results
Acquiree NameAcquirer NameAcquisition TypeAcquisition TermsAcquiree IndustriesAcquiree Hq CityAcquiree Hq CountryAcquiree DescriptionAcquiree Number Of EmployeesAcquirer IndustriesAcquirer Hq CountryAcquirer Number Of EmployeesAcquirer Ipo StatusAcquiree Website
Stratus Technologies$225M2022-06-29Penguin SolutionsAcquisitionCashComputerE-CommerceEnterprise SoftwareSoftwareMaynardUnited StatesStratus delivers zero-touch Edge Computing platforms that ru1980-01-01501-1000AI InfrastructureArtificial Intelligence (AI)Cloud InfrastructureData CenterEnterpriseFlash StorageUnited States1001-5000Public2www.stratus.com
Penguin Computing$85M2018-06-11Penguin SolutionsAcquisitionArtificial Intelligence (AI)Cloud ComputingEnterprise SoftwareFremontUnited StatesPenguin Computing designs AI-optimized infrastructure.1999-01-01101-250AI InfrastructureArtificial Intelligence (AI)Cloud InfrastructureData CenterEnterpriseFlash StorageUnited States1001-5000Public2www.penguincomputing.com
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Penguin Solutions Key People

Chairman of the Board, Director
SVP and Chief Revenue Officer
Vice President, Cloud and Services - High-Performance Computing and AI
President and Chief Executive Officer
SVP of Strategy and Corporate Development
54
professional contacts at Penguin Solutions
Contact execs at Penguin Solutions

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