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$2,110.02M Raised in 92 Funding Rounds in the past 7 Days - View All

Funding Round Profile

d-Matrix

start up
United States - Santa Clara, California
  • 06/09/2023
  • Series B
  • $110,000,000

d-Matrix is building a new way of doing datacenter AI inferencing using in-memory computing (IMC) techniques with chiplet level scale-out interconnects. Founded in 2019, d-Matrix has attacked the physics of memory-compute integration using innovative circuit techniques, ML tools, software and algorithms; solving the memory-compute integration problem, which is the final frontier in AI compute efficiency.


Related People

Sid ShethFounder

Sid Sheth United States - San Francisco Bay Area

Sid Sheth is an experienced entrepreneur, business builder and executive in the semiconductor industry having managed businesses spanning processors and connectivity for cloud, telecom, wireless infrastructure and enterprise. He brings over 20+ years of experience incubating and managing businesses as a start up and as part of a publicly traded company, that have grown to over 100M$ in revenue.

Currently, Sid is Founder & CEO at d-Matrix Corp, a start-up he co-founded in 2019, building an accelerated computing platform for AI inference, with a focus on unparalleled levels of efficiency. The goal of the start-up is to help change the trajectory of efficient AI compute for massively large workloads in the datacenter.

Prior to d-Matrix, as Sr. Vice President & GM for the Networking Business Unit (HSC BU) at Inphi Corporation (NASDAQ : IPHI), he incubated and grew the networking business into a 200M$+ business in 8+ years with a focus on the datacenter segment (cloud, enterprise, 5G), the fastest growing and largest business segment at Inphi. Later, Inphi was acquired by Marvell (NASDAQ:MRVL) in a $10B deal.

Prior to Inphi, Mr. Sheth was at NetLogic Microsystems (now Broadcom Corp.), where he held worldwide marketing responsibility for NetLogic’s enterprise, telecom networking interconnect chips. At NetLogic, he pioneered the company’s 100G product portfolio and led NetLogic’s entry into the mobile and cloud markets eventually helping that business grow to over 100M$

In 2001, Mr. Sheth was a founding team member of Aeluros, a mixed-signal networking IC company, where he held global marketing responsibility, until its successful acquisition by NetLogic in 2007.

Mr. Sheth also spent many years at Intel Corp, where he held engineering and management positions in the Pentium microprocessor and network processor groups.

Mr. Sheth is a regularly featured speaker at industry tradeshows and conferences, is a published author at ISSCC and other technical conferences and has an M.S.E.E from Purdue University.

Executive management, marketing, PNL and sales experience for a profitable product line at a publicly traded company. Broad responsibility in a multitude of business functions - marketing, sales, business development, program management, customer applications, marketing communications.