NUVIA Raises $240M Series B Funding because it Accelerates Plans

NUVIA, a modern silicon design firm, in the present day introduced the shut of its Series B funding spherical, elevating $240M. The funding spherical was led by Mithril Capital in partnership with Sehat Sutardja and Weili Dai (founders of Marvell Technology Group), funds and accounts managed by BlackRock, Fidelity Management & Research Company LLC., and Temasek, with further participation from Atlantic Bridge, Redline Capital, Capricorn Investment Group, Dell Technologies Capital, Mayfield, Nepenthe LLC and WRVI Capital. The closure of NUVIA’s Series B spherical builds on a $53M Series A spherical, raised in November 2019. NUVIA was based in February 2019 by John Bruno, Manu Gulati and Gerard Williams, with the imaginative and prescient to create the world’s main server processor.

“The opportunity in front of NUVIA has never been brighter, with an industry that’s looking for a new way to get the performance needed to power the next generation of cloud and enterprise computing,” mentioned Gerard Williams III, CEO, NUVIA. “We’re very fortunate to have an incredible group of investors behind us as we close Series B and take the next steps in our vision to redefine performance, energy efficiency, scalability, compute density and total cost of ownership within the data center.”

NUVIA is constructing a modern SoC and CPU core, codenamed “Orion” and “Phoenix,” which can be designed to ship business main efficiency on actual cloud workloads. More particulars on efficiency for the Phoenix CPU might be discovered at https://nuviainc.com/blog/performancedeliveredanewway.

About NUVIA

Headquartered in Santa Clara, NUVIA was based on the promise of reimagining silicon design for high-performance computing environments. The firm is targeted on constructing merchandise that mix the perfect attributes of compute efficiency, energy effectivity and scalability. For extra data, please go to www.nuviainc.com.