NetApp acquires DataPelago

JULY 28, 2026

NetApp acquires DataPelago

TARGET

DataPelago's Nucleus engine uses GPU-accelerated heterogeneous compute to process enterprise data for AI and analytics workloads directly at the storage layer, without data movement.

Ownership	VC-backed
Investors	Eclipse Ventures, Taiwania Capital, Qualcomm Ventures, Alter Venture Partners, Nautilus Venture Partners +1 more
Capital raised	$47M
Headcount	61 FTEs
Headquarters	Mountain View, California
Leadership	Rajan Goyal, Founder and Chief Executive Officer
Sell-side advisor	—

ACQUIRER

NetApp

NetApp provides intelligent data infrastructure including unified data storage, integrated data services, and cloud operations solutions to enterprise customers.

Ownership	Publicly traded (NASDAQ: NTAP)
Headcount	11,700 FTEs
Headquarters	San Jose, California
Leadership	George Kurian, Chief Executive Officer
Buy-side advisor	—

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NetApp -> DataPelago  (2026-09-11)
strategic_acquisition | DevTools/Infrastructure
Target: DataPelago's Nucleus engine uses GPU-accelerated heterogeneous compute to process enterprise data for AI and analytics workloads directly at the storage layer, without data movement.
Website: datapelago.ai | Buyer site: netapp.com
HQ: Mountain View, California | Ownership: vc-backed | Buyer ownership: public (NASDAQ: NTAP)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/netapp-datapelago.html

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