Fundraising Fox

SiFive

San Francisco, US · Founded 2015 · Delaware corporation · 16 known investors

sifive.com

SiFive develops processor IP based on the open-standard RISC-V instruction set architecture, offering customizable and scalable chip designs. It serves semiconductor and hardware developers building processors across a range of applications.

Also known as SiFive, Inc.

Deep TechHardwareSemiconductors

Founders & leadership

SiFive was founded in 2015 by Yunsup Lee, Krste Asanovic, and Andrew Waterman.

YLYunsup Lee
Yunsup LeeCo-founder
KAKrste Asanovic
Krste AsanovicCo-founder
AWAndrew Waterman
Andrew Waterman
SA
Stefan A DyckerhoffExecutive
NS
Naveed SherwaniExecutive
PLPatrick Little
Patrick LittleCEO

Board

TDTodd Dagres
Todd Dagresin𝕏Board directorInvestor at Spark Capital

Investors · 16

Also in the syndicate · 3

Apollo Global ManagementAtreidesPoint72 Turion

Funding

SEC filings, press & company announcements

$868.3M disclosed across 6 of 7 rounds · 2015–2026

$25.4MraisedNov 2018 · 33 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Yunsup LeeExecutive Officer, Director
  • Naveed SherwaniExecutive Officer, Director
  • Stefan A DyckerhoffDirector
  • Shiva NatarajanExecutive Officer
  • Todd DagresDirector
  • Krste AsanovicDirector
  • Kirk BowmanDirector
Offering amount
$40M
Amount sold
$25.4M
First sale
Nov 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$29.3MraisedFeb 2018 · 33 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Todd DagresDirector
  • Stefan A DyckerhoffDirector
  • Yunsup LeeExecutive Officer, Director
  • Krste AsanovicDirector
  • Shiva NatarajanExecutive Officer
  • Naveed SherwaniExecutive Officer, Director
Offering amount
$51.6M
Amount sold
$29.3M
First sale
Feb 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.1MraisedAug 2017 · 25 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Stefan A DyckerhoffExecutive Officer, Director
  • Todd DagresDirector
  • Yunsup LeeExecutive Officer, Director
  • Krste AsanovicDirector
  • Naveed SherwaniExecutive Officer
Offering amount
$5.1M
Amount sold
$5.1M
First sale
Sep 2015
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.5MraisedAug 2017 · 27 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Naveed SherwaniExecutive Officer
  • Krste AsanovicDirector
  • Yunsup LeeExecutive Officer, Director
  • Todd DagresDirector
  • Stefan A DyckerhoffExecutive Officer, Director
Offering amount
$8.5M
Amount sold
$8.5M
First sale
Mar 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

SiFive develops and licenses processor core intellectual property based on the open-standard RISC-V instruction set architecture. Its portfolio spans scalar, vector, and matrix compute cores, accelerators, and system IP that customers configure and integrate into their own systems-on-chip. Target application areas listed by the company include AI and machine learning, automotive, edge computing, IoT and embedded, consumer devices, data center, aerospace and defense, and storage [0][2][6].

Alongside IP licensing, SiFive sells HiFive-branded RISC-V development boards intended for software development on RISC-V, including the HiFive Premier P550 (offered with pre-installed Ubuntu in 16GB and 32GB configurations) and HiFive Unmatched Rev B, plus discontinued legacy boards such as HiFive1, HiFive1 Rev B, HiFive Unleashed and HiFive Unmatched. Boards ship with documentation, SDKs, toolchains and utilities [3].

The company's more recent strategic emphasis is the data center: it states that its Series G proceeds will fund next-generation data center CPU, accelerator and system IP, software ecosystem work building on ports of CUDA, Red Hat and Ubuntu, and customer enablement efforts such as NVIDIA NVLink Fusion integration [4].

Business model

SiFive supplies processor core IP that semiconductor and system companies license and customize for their own silicon, and it also sells HiFive development boards to software developers building on RISC-V [0][3][6].

Sources describe licensing of RISC-V core IP to chip and system designers and sale of HiFive development boards; no pricing or revenue figures are disclosed in the material [3][6].

Full profile — market position, technology, go-to-market

Market position

SiFive positions itself as a leading RISC-V processor IP supplier founded by RISC-V's inventors; it reports its IP is used in more than 500 designs with over 10 billion cores shipped, and its About page cites 400+ RISC-V design wins and 2+ billion devices powered [2][4][5].

Third-party and company sources cite the open, parameterized and configurable nature of RISC-V cores versus proprietary ISAs, a portfolio spanning scalar, vector and matrix compute, developer ecosystem resources, and the founders' role in creating RISC-V [2][5][6].","competitors">

Technology

Processor core IP implementing the open RISC-V ISA, including out-of-order high-performance cores (Performance P550 and P570, with the P570 Gen 3 supporting the RVA23 ISA profile), plus scalar, vector and matrix compute, accelerator and system IP. Software work includes toolchain support (LLVM-based toolchains via HighTec for Rust and C/C++), and data center ports of CUDA, Red Hat and Ubuntu [0][4][5].

Go-to-market

Direct engagement and co-development with chip and hyperscale customers, an ecosystem partner strategy (e.g., HighTec EDV-Systeme, IAR, Quintauris, NVIDIA), developer-facing tools, documentation and HiFive boards, and presence at industry events such as the RISC-V Europe Summit [0][3][4].

Semiconductor designers and SoC developers, hyperscale data center operators, and software developers working with RISC-V, across AI/ML, automotive, edge, IoT/embedded, consumer, data center, aerospace and defense, and storage segments [0][4][6].

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Competitors · 1

by search overlap

Companies competing with SiFive for the same Google search keywords, organic and paid, via search-intersection analysis.

Legal entities · 1

corporate structure
SiFiveDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does SiFive do?
SiFive licenses customizable RISC-V processor core IP for markets from embedded and automotive to AI data centers.
Who founded SiFive?
SiFive was founded by Yunsup Lee, Krste Asanovic, Andrew Waterman in 2015.
Who are SiFive's investors?
SiFive's investors include Berkeley SkyDeck Fund, Coatue Management, Intel Capital, OUP (Osage University Partners), Prosperity7 Ventures, Qualcomm Ventures, Atreides Management, NVIDIA and 5 more.
How much funding has SiFive raised?
SiFive has disclosed $868.3M raised across 6 of its 7 known rounds.
Where is SiFive headquartered?
SiFive is headquartered in San Francisco, US.