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NGD Systems is a technology company.
NGD Systems engineers advanced computational storage drives (CSDs) and a scalable NVMe computational storage platform. Its core innovation centers on In-Situ processing, which embeds computation directly within the storage device. This eliminates data movement to the main CPU or memory, efficiently addressing traditional architectural bottlenecks. Products offer high capacity, power efficiency, and smaller form factors for modern data demands.
Nader Salessi founded NGD Systems in 2013, driven by the insight to integrate computation directly with data. This vision emerged from recognizing the inefficiencies and latency caused by constant data transfer between storage, memory, and CPU in conventional systems. Salessi, alongside an experienced executive team, leveraged extensive flash storage industry backgrounds to establish this novel storage paradigm.
NGD Systems' technology is adopted in intelligent edge, hyperscale, and data-intensive AI/ML environments. By facilitating localized data analytics, the company significantly reduces latency and power consumption. Its long-term vision is to fundamentally reshape the IT industry, providing high-capacity computational storage solutions that scale by enabling computation precisely where data resides.
NGD Systems has raised $48.4M across 3 funding rounds.
NGD Systems has raised $48.4M in total across 3 funding rounds.
NGD Systems is a venture‑funded technology company that builds NVMe solid‑state drives (SSDs) with embedded processing — so‑called computational storage — designed to run AI/ML and data‑processing tasks inside the drive to avoid moving large datasets off the storage medium[1][2]. NGD’s products target hyperscale, edge, CDN, aerospace/defense and other data‑intensive customers by combining high raw capacities, low power and on‑drive compute to reduce latency, system power and data movement bottlenecks[1][2].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: NGD Systems is a focused player commercializing computational storage to solve data‑movement pain points for AI/ML and edge workloads; its technical IP, product launches and industry partnerships position it to be an important enabler of “compute‑at‑data” architectures as software ecosystems and market demand mature[1][2][4].
If you’d like, I can: provide a timeline of NGD’s funding and product releases, compare NGD’s Newport platform to competitors’ approaches, or summarize technical details of their Elastic FTL and in‑drive compute model with cited sources.
NGD Systems has raised $48.4M in total across 3 funding rounds.
NGD Systems's investors include Richard Merage, Benhamou Global Ventures, Orange Ventures, Partech, Plug and Play Ventures, Daniel Flynn, Partech Ventures, Alcor Micro, Silicon Valley Bank.
NGD Systems has raised $48.4M across 3 funding rounds. Most recently, it raised $20.0M Series C in February 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 5, 2020 | $20.0M Series C | Richard Merage | Benhamou Global Ventures, Orange Ventures, Partech, Plug and Play Ventures, Daniel Flynn |
| Feb 13, 2018 | $16.4M Debt / Series B | Partech Ventures | Alcor Micro, Benhamou Global Ventures, Orange Ventures, Silicon Valley Bank |
| Feb 1, 2018 | $12.0M Series B | Partech Ventures |