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Akeana™ exits stealth mode with comprehensive RISC-V processor portfolio, challenging the semiconductor industry status quo

Backed by Kleiner Perkins, Mayfield, and Fidelity Ventures, Akeana's customizable RISC-V-based IP suite sets new industry standards in performance and range, competing against Arm, SiFive, Andes, and other RISC-V companies

SANTA CLARA, Calif., Aug. 13, 2024 -- Akeana™, the company committed to driving dramatic change in semiconductor IP innovation and performance, has announced its official company launch approximately three years after its foundation, having raised over $100 million in capital, with support from A-list investors including Kleiner Perkins, Mayfield, and Fidelity. Today's launch marks the formal availability of the company's expansive line of IP solutions that are uniquely customizable for any workload or application. Formed by the same team that designed Marvell's ThunderX2 server chips, Akeana offers a variety of IP solutions, including microcontrollers, Android clusters, AI vector cores and subsystems, and compute clusters for networking and data centers. Akeana moves the industry beyond the status quo of legacy vendors and architectures, like Arm, with equitable licensing options and processors that fill and exceed current performance gaps.

Akeana released three processor lines and SoC IP, in tandem with the formal launch of the company, all ready for customer delivery, including:

"Our team has a proven track record of designing world-class server chips, and we are now applying that expertise to the broader semiconductor market as we formally go to market," said Rabin Sugumar, Akeana CEO. "With our rich portfolio of customizable cores and special security, debug, RAS, and telemetry features, we provide our customers with unparalleled performance, observability, and reliability. We believe our products will revolutionize the industry."

"The renaissance of silicon, sweeping through our industry, is driving the rise of architectural innovations like RISC-V," said Navin Chaddha, Managing Partner at Mayfield. "Akeana has everything needed to become a breakout company – a world-class team of founders and investors, the most comprehensive IP, a fair licensing model, and a compelling value proposition for aiding chipmakers in designing workload-optimized silicon solutions. I look forward to partnering with Rabin and the team in the next phase of their journey."

"The migration to RISC-V is in full flight," said Mamoon Hamid, partner, Kleiner Perkins. "The majority of top semiconductor firms are transitioning to RISC-V, with many choosing Akeana due to its best in class performance."



RISC-V IP Cores

Akeana's team of seasoned professionals, coupled with its commitment to delivering game-changing solutions, for data and AI-intensive use cases, makes it a new driving force in the industry --providing customers with cutting-edge capabilities to meet their unique semiconductor design needs. Akeana is a proud member of the RISC-V Board of Directors and is also participating in the RISE project to accelerate the availability of software for RISC-V.

For more information, please go to www.akeana.com.

About Akeana

Akeana is a driving force of change in semiconductor IP innovation and performance, on a mission to deliver world-class RISC-V-based compute, interconnect, and accelerator IP solutions. Headquartered in Santa Clara, California, this venture-funded startup is dedicated to empowering customers with highly configurable technology and equitable licensing options, moving beyond the limitations of today's legacy vendors and architectures.

With an experienced team of engineers, Akeana is at the forefront of easy-to-optimize semiconductor IP. Its growing patent portfolio reflects a commitment to meet the industry's ever-evolving needs and challenges. Supported by renowned investors, including Kleiner Perkins, Mayfield, and Fidelity Ventures, Akeana is redefining what's possible in microcontrollers, mobile computing, automotive, data centers, and cloud computing.

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