SiFive receives $50.6M in series C funding

SiFive, a fabless provider of customized semiconductors built on research by alumnus Yunsup Lee (MS '11/Ph.D. '16), alumnus Andrew Waterman (M.S. '11/Ph.D. '16), and Prof. Krste Asanović, received $50.6M in series C funding in April.  Lee is Chief Technology Officer,  Waterman is Chief Engineer, and Asanović is Chief Architect at SiFive. The funding round was co-led by Osage University Partners, Sutter Hill Ventures, Spark Capital, and Intel Capital.  SiFive's semiconductors are built on Risc-V, an instruction set architecture (ISA), which acts as the conduit between a computer's software and hardware.  The series C round is being used to commercialize additional products based on Risc-V.  The company has raised $64.1M in funding to date.