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SiFive Secures $65.4 Million In Series D Funding

SiFive Secures $65.4 Million In Series D Funding
Credit: sifive.com

Commercial RISC-V processor IP and silicon solutions provider SiFive, Inc., raised $65.4 million in a Series D round led by existing investors Sutter Hill Ventures, Chengwei Capital, Spark Capital, Osage University Partners, and Huami, alongside new investor Qualcomm Ventures LLC. This Series D round brings SiFive’s total investments to date to $125 million.

SiFive has grown from 40 employees in a single office to 400 employees across 15 locations globally, including Beaverton, Oregon; San Mateo and Milpitas, California; Austin, Texas; Boston, Massachusetts; Bangalore and Pune, India; Shanghai, China; Seoul, Korea; and Hsinchu, Taiwan. The company plans to use this latest round of investment to accelerate SiFive’s global expansion and technology development.