NGD Systems Overview
- Founded
- 2013
- Status
- Private
- Employees
- 37
- Latest Deal Type
- Debt - PPP
- Latest Deal Amount
- $1.37M
- Investors
- 11
NGD Systems General Information
Description
Developer of an intelligent storage platform intended to create a new category of storage devices that bring computation to data. The company's platform uses SSD storage via its In-Situ Processing to utilize core platforms in storage, HPC, server, rack and power that is required for an optimal SW and HW ecosystem, enabling customers to create, manage and execute applications while satisfying the growth of edge, data centers and artificial intelligence.
Contact Information
Website
www.ngdsystems.com
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
NGD Systems Timeline
NGD Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Debt - PPP | 27-Apr-2020 | $1.37M | 000.00 | Completed | Generating Revenue | |
| 6. Later Stage VC (Series C) | 10-Oct-2019 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
| 5. Early Stage VC (Series B1) | 16-Aug-2018 | 00.00 | 0000 | 000.00 | 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 | 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 | 19.71% | |
| Series A | 6,699,882 | $0.000100 | $1.69 | $1.69 | 1x | $1.69 | 22.81% |
NGD Systems Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an intelligent storage platform intended to create a new category of storage devices that bring computation
Storage (IT)
Irvine, CA
37
As of 2021
000.00
000000000 -
000.00
00000000
nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt
0000000 (00)
San Jose, CA
00
As of 0000
000.00
0000
0000-00-00
00000000000
000.00
00000000
co laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in volupt
0000000 (00)
Santa Clara, CA
000
As of 0000
0000
0000
0000-00-00
000000&0
0000
Add Comparison
PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.
Request a free trialNGD Systems Competitors (34)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ScaleFlux | Venture Capital-Backed | San Jose, CA | 00 | 000.00 | 00000000000 | 000.00 |
| 0000000000 | Formerly VC-backed | Santa Clara, CA | 000 | 0000 | 000000&0 | 0000 |
| 000000 | Corporate Backed or Acquired | Torrance, CA | 000000&0 | |||
| 00000000 | Venture Capital-Backed | San Mateo, CA | 000 | 00000 | 000000000 - | 00000 |
| 0000000 | Private Equity-Backed | San Jose, CA | 00 | 00000 | 000000000 - | 00000 |
NGD Systems Patents
NGD Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20200387330-A1 | Heterogeneous in-storage computation | Pending | 10-Jun-2019 | 0000000000 | |
| US-11080409-B2 | Ssd content encryption and authentication | Active | 07-Nov-2018 | 0000000000 | 00 |
| US-20200143067-A1 | Ssd content encryption and authentication | Granted | 07-Nov-2018 | 0000000000 | 00 |
| US-20210055975-A1 | System and method for computational storage device intercommunication | Pending | 16-Oct-2018 | 000000000 | |
| US-20200117517-A1 | System and method for outward communication in a computational storage device | Granted | 16-Oct-2018 | G06F13/102 |
NGD Systems Executive Team (8)
NGD Systems Board Members (9)
| Name | Representing | Role | Since |
|---|---|---|---|
| Amir Nayyerhabibi | Benhamou Global Ventures | Board Member | 000 0000 |
| Daniel Flynn JD | Western Digital Capital | Board Observer | 000 0000 |
| Kaushik Roy | Self | Board Observer | 000 0000 |
| Nader Salessi | NGD Systems | Co-Founder, Chief Executive Officer & Chairman | 000 0000 |
| Reza Malekzadeh | Partech | Board Member | 000 0000 |
NGD Systems Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialNGD Systems Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| MIG Private Equity | Limited Partner | Minority | 000 0000 | 000000 0 | |
| Mission and Market | Angel Group | Minority | 000 0000 | 000000 0 | |
| Western Digital Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Yann Kandelman | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| 7 Gate Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |