UC Berkeley’s SiFive has raised $61m in series E funding from a consortium featuring OUP, SK Hynix, Western Digital, Qualcomm and Intel.
SiFive, a US-based custom semiconductor spinout of University of California, Berkeley, received $61m in series E financing yesterday from investors including spinout-focused investment firm Osage University Partners (OUP).
SK Hynix, the computer memory chipmaker subsidiary of conglomerate SK Group, led the round, which also featured mobile semiconductor producer Qualcomm, data storage company Western Digital and chipmaker Intel.
The round was filled out by Sutter Hill Ventures, Spark Capital and Prosperity7 Ventures. Qualcomm, Western Digital and Intel contributed through respective corporate venturing arms Qualcomm Ventures, Western Digital Capital and Intel Capital.
Founded in 2015, SiFive enables clients to design purpose-built semiconductors through a cloud-based platform. It uses the Risc-V instruction set architecture, its version of the mechanism responsible for outputting computer processing instructions.
Risc-V was developed by SiFive’s founding team at UC Berkeley and is open source and free to use.
The series E funding has…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
