SiFive Inc. Raises $65.4 Million in Series D Funding Round
07 Juin 2019 - 8:02PM
Dow Jones News
By Colin Kellaher
SiFive Inc. on Friday said it raised $65.4 million in a Series D
round at an undisclosed valuation, bringing its total funding to
more than $125 million.
SiFive, which provides processor core IP and silicon solutions
based on the free and open RISC-V instruction set architecture,
said it will use the funds to accelerate its global expansion and
technology development.
SiFive said the Series D round was led by existing investors
Sutter Hill Ventures, Chengwei Capital, Spark Capital, Osage
University Partners and Huami Corp. (HMI), along with new investor
Qualcomm Ventures LLC, the venture-capital arm of Qualcomm Inc.
(QCOM).
Intel Corp. (INTC), SK Hynix Inc. (000660.SE) and Western
Digital Corp. (WDC) have previously invested in SiFive.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 07, 2019 13:47 ET (17:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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