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Software company Pensando Systems raises up to $145M in series C round

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Software company Pensando Systems raises up to $145M in series C round

Pensando Systems Inc. garnered up to $145 million in series C financing led by Hewlett Packard Enterprise Co. and Lightspeed Venture Partners.

Pensando provides a distributed computing platform for software-defined cloud, computing, networking, storage and security services. It plans to use the fresh capital to boost its engineering, operations and go-to-market activities.

HPE Chief Technology Officer Mark Potter and Lightspeed partner Barry Eggers joined the company's board, alongside JC2 Ventures CEO John Chambers as chairman.