On April 9, SiFive, a U.S.-based RISC-V processor IP company, announced the completion of a $400 million oversubscribed Series G funding round, valuing the company at $3.65 billion. The round was led by Atreides Management, with participation from NVIDIA and others. The funds will be used to accelerate the development of high-performance data center products, build a RISC-V data center software ecosystem, and streamline deployment pathways. The CEO of SiFive anticipates that this will be the company's final funding round before filing for an IPO.
