What is Rivos?
Founded in May 2021, Rivos is distinguished by its world-class team of silicon, software, and platform designers. The company is dedicated to building industry-leading, power-efficient, high-performance, and secure server solutions based on the RISC-V architecture. Rivos addresses the demanding requirements of large language models and data analytics, crucial for the next generation of enterprise computing. Their comprehensive offering includes optimized chips integrating RISC-V CPUs and a Data Parallel Accelerator, a reference multi-chip OCP modular server, and a complete open software stack from firmware to applications. This integrated solution enables customers to deploy workloads using existing models, delivering immediate total cost of ownership (TCO) benefits. Headquartered in Santa Clara, CA, Rivos operates globally with offices across the USA, UK, EU, and Asia, actively seeking 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 Matrix Capital Management, TEN Capital, and Cidc
Key Investors in Rivos
Matrix Capital Management
Matrix Capital Management Company is an investment fund focused on technology and life sciences headquartered in Waltham, Massachusetts.
TEN Capital
Ten Capital Wealth Advisors provides personalized wealth management strategies designed to simplify financial complexities for business owners, corporate executives, retirees, and rising professionals. Their services include comprehensive financial planning, investment management, and estate planning, all tailored to the unique needs of their clients.
Cidc
Cambridge Interactive Development Corporation is a growing, profitable internet-based software company headquartered in Cambridge, Massachusetts. The company is the development and marketing minds behind the Everest Gaming suite of online gaming and entertainment verticals used by millions of people in over 200 countries worldwide.
What's next for Rivos?
The substantial enterprise-level funding Rivos has garnered positions it for accelerated growth and market expansion. This strategic backing is expected to fuel further innovation in their RISC-V based server solutions, particularly for AI and data-intensive workloads. The company's focus on power efficiency and performance, combined with a commitment to an open-source architecture, places it at the forefront of a significant shift in the server hardware market. Rivos is poised to capture a larger share of the enterprise market by enhancing its product development, expanding its global reach, and solidifying strategic partnerships.
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