What is NGD Systems?
Founded in 2013 and headquartered in Irvine, California, NGD Systems is a pioneering software and hardware company specializing in computational storage solutions. The firm addresses the growing demand for efficient data processing by integrating compute capabilities directly into storage devices, thereby reducing latency and power consumption for enterprise-grade applications. By bridging the gap between traditional storage architectures and the requirements of modern, data-intensive workloads, NGD Systems has established itself as a critical player in the semiconductor and storage ecosystem. Their technology is particularly relevant for sectors requiring high-throughput data analysis, including telecommunications, industrial IoT, and large-scale cloud infrastructure providers.
How much funding has NGD Systems raised?
NGD Systems has raised a total of $44.8M across 6 funding rounds:
Private Equity
$6.3M
Unspecified
$4M
Series B
$12.4M
Series C
$20M
Debt
$1M
Debt
$1.2M
Private Equity (2016): $6.3M, investors not publicly disclosed
Unspecified (2018): $4M led by Silicon Valley Bank
Series B (2018): $12.4M supported by Orange Digital Ventures, Partech Ventures, Alcor Micro, and Benhamou Global Ventures
Series C (2020): $20M featuring Plug-N-Play, BGV, Western Digital Capital Global, Orange Digital Ventures, Partech Ventures, and MIG Capital Limited
Debt (2020): $1M backed by PPP
Debt (2021): $1.2M with participation from PPP
Key Investors in NGD Systems
Partech Ventures
A global investment firm with a strong track record in deep tech and hardware, providing both capital and operational expertise to companies from seed to growth stages.
Orange Digital Ventures
The venture arm of a leading global telecommunications operator, focusing on strategic investments in IT and communication services for multinational enterprises.
Benhamou Global Ventures
A Silicon Valley-based VC firm specializing in Enterprise 5.0 and cross-border innovation, targeting startups that integrate intelligent machines with human-centric design.
What's next for NGD Systems?
Looking ahead, NGD Systems is poised to capitalize on the increasing convergence of storage and processing power. With the support of its diverse investor base, the company is expected to focus on scaling its go-to-market strategy and deepening its penetration into the enterprise 5.0 segment. The strategic alignment with global telecommunications and venture capital partners suggests a roadmap centered on cross-border innovation and the expansion of its ASIC design platforms. As the company continues to refine its computational storage architecture, it will likely prioritize operational efficiency and the pursuit of high-value strategic partnerships to maintain its competitive edge in the rapidly evolving deep tech landscape.
See full NGD Systems company page
