Rapid Silicon, a San Jose-based provider of AI and intelligent edge-focused field programmable gate arrays (FPGAs) raised a $30M Series A. The round included $15M from Cambium Capital and all existing investors from the seed round. The funds will allow further investment in their product and support the launch of Gemini, the company’s low-end FPGA product.
“Customers are looking for innovative ways to program FPGAs, reduce support load by leveraging the open-source ecosystem of active expertise and development engineers, and shorten time-to-market,” said Rapid Silicon Chairman and CEO Dr. Naveed Sherwani in a company release. “With open-source software, Rapid Silicon is removing the barriers and providing its customers with a robust end-to-end FPGA design workflow. The open-source software enables users to design complex applications quickly and efficiently on our FPGA devices.”
Rapid Silicon provides AI-enabled application-specific FPGAs using a combination of open-source and proprietary AI technology.
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