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QCOM QUALCOMM Inc

165.71
2.41 (1.48%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
QUALCOMM Inc NASDAQ:QCOM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.41 1.48% 165.71 150.00 168.27 166.52 162.51 162.90 7,141,341 05:00:04

SiFive Inc. Raises $65.4 Million in Series D Funding Round

07/06/2019 7:02pm

Dow Jones News


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By Colin Kellaher

 

SiFive Inc. on Friday said it raised $65.4 million in a Series D round at an undisclosed valuation, bringing its total funding to more than $125 million.

SiFive, which provides processor core IP and silicon solutions based on the free and open RISC-V instruction set architecture, said it will use the funds to accelerate its global expansion and technology development.

SiFive said the Series D round was led by existing investors Sutter Hill Ventures, Chengwei Capital, Spark Capital, Osage University Partners and Huami Corp. (HMI), along with new investor Qualcomm Ventures LLC, the venture-capital arm of Qualcomm Inc. (QCOM).

Intel Corp. (INTC), SK Hynix Inc. (000660.SE) and Western Digital Corp. (WDC) have previously invested in SiFive.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

June 07, 2019 13:47 ET (17:47 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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