Rivos Raises More Than $250M Targeting Data Analytics and Generative AI Markets

SANTA CLARA, Calif.--(BUSINESS WIRE)--Rivos, a RISC-V accelerated platform company targeting data analytics and Generative AI, announced it has raised more than $250M in its oversubscribed Series A-3 funding round, and Matrix Capital Management, the largest investor in this round, has joined the Board represented by Romit Shah. The funding saw participation from new investors including Intel Capital, MediaTek, Cambium Capital, CIDC, Capital TEN, and Hotung Venture Group, and increased participa