What is Rivos?
Founded in May 2021 and headquartered in Santa Clara, CA, Rivos is building industry-leading server solutions powered by RISC-V. The company's offering includes optimized chips integrating RISC-V CPUs and a Data Parallel Accelerator, a reference multi-chip OCP modular server, and a comprehensive open software stack. Rivos aims to address the intense computational requirements of large language models and data analytics, enabling customers to deploy existing models with immediate total cost of ownership (TCO) benefits. The company has established offices across the USA, UK, EU, and Asia, and is actively hiring engineering talent.
How much funding has Rivos raised?
Rivos has raised a total of $250M across 1 funding round:
Series A
$250M
Series A (2024): $250M with participation from TEN Capital, Cidc, and Matrix Capital Management
Key Investors in Rivos
TEN Capital
TEN Capital Wealth Advisors is a financial advisory firm specializing in personalized wealth management strategies for business owners, executives, and professionals. They offer comprehensive financial planning and investment management services.
Cidc
Cambridge Interactive Development Corporation (CIDC) is an internet-based software company known for its online gaming and entertainment platforms. As a subsidiary of GigaMedia, Ltd., CIDC provides a complete gaming services provider model.
Matrix Capital Management
Matrix Capital Management Company is an investment fund based in Waltham, Massachusetts, with a strategic focus on the technology and life sciences sectors.
What's next for Rivos?
The substantial enterprise-level funding and strategic investment signal a pivotal growth phase for Rivos. This capital infusion is expected to accelerate product development, expand market reach, and further solidify Rivos's position in the competitive server solutions market. The company's focus on RISC-V, a more open and flexible architecture, positions it to capitalize on the increasing demand for specialized hardware in AI and data-intensive applications. Rivos's strategic backing from prominent investors suggests confidence in its long-term vision to challenge established players with its innovative, power-efficient, and secure server technology.
See full Rivos company page
