Rapid Silicon Announces $30M Series A Round
01/09/23, 2:03 PM
Location
los gatosMoney raised
$30 million
Industry
artificial intelligence
science and engineering
data and analytics
software
Round Type
series a
Investors
Cambium Capital
Rapid Silicon, a provider of AI and intelligent edge-focused FPGAs based on open-source technology, today announced its $30M Series A Round. The company has closed $15M in funding from Cambium Capital and others, including all existing investors from its seed round. The second close is planned for Q1 2023. This latest round of funding will be used to further invest in Rapid Silicon’s product portfolio, support the launch of its premier low-end FPGA product, Gemini, and to build on the company’s momentum in leading the adoption of open-source software for commercial applications.
Company Info
Location
los gatos, california, united states
Additional Info
Rapid Silicon is a leader in AI enabled application-specific FPGAs for diverse target applications. We utilize a combination of open-source software and proprietary AI technology to significantly improve design and simplify and customer experience. To learn more about Rapid Silicon, please visit www.rapidsilicon.com.