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Western Digital Backs SiFive In Funding Round

Western Digital, which has major operations in Irvine, is one of the backers in a new round for RISC processor developer SiFive, which announced on Monday morning that it has raised $50.6M in a Series C funding. SiFive said the funding round came from Sutter Hill Ventures, Spark Capital and Osage University Partners plus Chengwei Capital, Huami, SK Telecom and Western Digital. SiFive develops RISC-V cores, which it sells as intellectual property (IP) for incorporation in other products. More information »