SiFive, a US-based fabless provider of customised semiconductors, received $50.6m yesterday in a series C round co-led by spinout-focused investment firm Osage University Partners.
Sutter Hill Ventures and Spark Capital co-led the round, which further included SK Telecom, part of diversified conglomerate SK Group, wearable device maker Huami and computer storage vendor Western Digital.
SiFive provides customised semiconductors built on Risc-V, an instruction set architecture (ISA), which acts as the conduit between a computer’s software and hardware.
The Risc-V ISA…