PakAlumni Worldwide: The Global Social Network

The Global Social Network

Pakistani-American NED Alum Raises $50 Million For Silicon Valley Startup SiFive

SiFive,  a Silicon Valley intellectual property tech startup, has raised $50.6 million in series C funding. The company is headed by Pakistani-American CEO and fellow NED University alumnus Dr. Naveed Sherwani.  SiFive investors include Intel Capital, Western Digital, Sutter Hill Ventures and Spark Capital.

NED Alumnus Dr. Naveed Sherwani

The company was founded by Andrew Waterman, Krste Asanovic and Yunsup Leethe of the University of California at Berkeley. Their team developed open-source instruction set architecture (ISA) for Reduced Instruction Set Computing V (RISC V). RISC V design is freely available under Berkeley Software Distribution (BSD) that was first introduced for Berkeley's open source UNIX operating system and open software tools. BSD license permits development of derivative intellectual property (IP) and products. It offers the advantage of having a large open-source community contribute to its continuous development and innovation.

SiFive sells core IP (intellectual property) based on RISC V ISA. The company's IP Cores are the most widely deployed RISC-V cores in the world.  SiFive Core IP is verified and delivered in Verilog for custom SoC (System on Chip) designs.

Naveed Sherwani is a serial entrepreneur with a bachelor's degree in electrical engineering from Karachi's NED Engineering University in 1983. He has a Ph.D. in computer engineering from University of Nebraska. He has taught at Western Michigan University and authored four books and over 100 papers.

In May 2017, NED University alumnus Khalid Raza and two co-founders of Viptela sold their company to Cisco for $610 million. Viptela was a software-defined-networks (SDN) start-up in Silicon Valley that was co-founded in 2012 by Pakistani-American entrepreneurs Amir Khan, Atif Khan and Khalid Raza.


In November 2017, another NED University alumnus Raghib Husain sold his company Cavium to Marvell Technology in a $6 billion stock deal, according to CNBC News. The value of the deal jumped to $7.5 billion enterprise value at the close of market on November 22, 2017.

Sherwani headed Intel's ASIC division before starting Open Silicon, a fabless semiconductor company that offered turn-key custom ASIC solutions. He was the CEO of Peernova before joining SiFive as its chief executive officer.

Related Links:

Haq's Musings

OPEN Silicon Valley Forum 2017: Pakistani Entrepreneurs Conference

Pakistani-American's Tech Unicorn Files For IPO at $1.6 Billion Val...

Pakistani-American Cofounders Sell Startup to Cisco for $610 million

Pakistani Brothers Spawned $20 Billion Security Software Industry

Pakistani-American Ashar Aziz's Fireeye Goes Public

Pakistani-American Pioneered 3D Technology in Orthodontics

Pakistani-Americans Enabling 2nd Machine Revolution

Pakistani-American Shahid Khan Richest South Asian in America

Two Pakistani-American Silicon Valley Techs Among Top 5 VC Deals

Pakistani-American's Game-Changing Vision 

Views: 69

Comment

You need to be a member of PakAlumni Worldwide: The Global Social Network to add comments!

Join PakAlumni Worldwide: The Global Social Network

Pre-Paid Legal


Twitter Feed

    follow me on Twitter

    Sponsored Links

    South Asia Investor Review
    Investor Information Blog

    Haq's Musings
    Riaz Haq's Current Affairs Blog

    Please Bookmark This Page!




    Blog Posts

    Proliferation of Cyber Hacking Tools in Pakistan

    Many intelligence agencies are turning to the use of smartphone malware and spyware for the purpose of hacking and surveillance. The list of such agencies includes but not limited to US CIA, NSA, Mossad, RAW, MI6, ISI and others. Global proliferation of cyber hacking tools appears to have been accelerated with the US CIA's loss of control of its hacking tools including spyware, malware, viruses and trojans.

    Stealth Mango and Tangelo:

    Lookout, an American…

    Continue

    Posted by Riaz Haq on May 23, 2018 at 11:06am — 1 Comment

    History of Pakistan's Business and Industry

    Pakistan's $1.1 trillion GDP ranks the country as the world's 24th largest economy in terms of purchasing power parity (PPP).  Pakistan has come a long way since independence in 1947 when it was a poor agrarian country struggling to survive. Business and industry sectors now account for more than half of Pakistan's economy while agriculture's contribution is down to 20% of GDP.

    The story…

    Continue

    Posted by Riaz Haq on May 21, 2018 at 7:25am — 3 Comments

    © 2018   Created by Riaz Haq.   Powered by

    Badges  |  Report an Issue  |  Terms of Service