About d-Matrix
d-Matrix is a Technology company based in Los Altos (United States) founded in 2019 by Sid Sheth. Digital in-memory compute engines are developed for efficient AI processing. d-Matrix has raised $450 million across 3 funding rounds from investors including Palo Alto Networks, Ericsson and SK hynix. The company has 325 employees. d-Matrix was last valued at $2 billion in November 2025. Its chief executive, as recorded, is Sid Sheth. Its website d-matrix.ai draws about 15 thousand monthly visits. d-Matrix offers products and services including Corsair, AI Chip, and Accelerator Card. Its focus areas include Semiconductors, Digital ICs, Memories and Enterprise Infrastructure. Its legal entity is D-MATRIX CORPORATION. Its competitors include Adesto, Black Box and Avalanche Technology; 2 of its 3 listed competitors have raised funding.
Company details
d-Matrix was founded in 2019 in Los Altos, United States, and operates in the AI compute sector. A digital in-memory compute engine is provided to address the memory wall, enhancing performance and efficiency for machine learning models. A holistic platform is offered for AI compute, with a focus on datacenter deployments.
- Headquarters Los Altos, United States
- Employees 325
- Founders Sid Sheth
- Stage Unicorn
- SectorsTechnology
- Email••••••••
- Website d-matrix.ai
- Social LinkedIn X
- Legal Name D-Matrix Corporation
- Total Equity Funding$450M (USD)
in 3 rounds
- Latest Funding Round$275M (USD), Series C
Nov 2025
- InvestorsPalo Alto Networks
& 26 more
- Employee Count325
Products & Services of d-Matrix
d-Matrix offers a comprehensive portfolio of products and services, including Corsair, AI Chip, and Accelerator Card.
Platform for efficient, low-latency AI inference in datacenters
Chip for ultra-low latency batched inference in AI applications
Card that transforms AI inference computing for real-world scenarios
Funding Insights of d-Matrix
d-Matrix has successfully raised a total of $450M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $275 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $450M
- Total Rounds 3
- Last Round Series C — $275M
- First Round $44M
(Apr 2022)
- Investors Count 27
All 3 funding rounds of d-Matrix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $275M | Series C | – | Bullhound Capital, Triatomic | |
| Sep 2023 | $110M | Series B | – | Temasek | |
| Apr 2022 | $44M | Series A | – | Playground Global |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of d-Matrix
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $2B (Nov 2025). 27 investors in total: 27 institutional.
Investors in d-Matrix
d-Matrix has secured backing from 27 investors, including venture fund and institutional investors. Prominent investors backing the company include Palo Alto Networks, Ericsson and SK hynix.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Venture capital investments in technology startups are facilitated by M12. | m12.vc | San Francisco, United States | ||
Early-stage US tech companies are funded by Nautilus Venture Partners. | nautilusvp.com | Palo Alto, United States | ||
Late-seed stage startups are invested in by Entrada Ventures. | entradaventures.com | Santa Barbara, United States | ||
Investments in private tech ecosystem are made by Industry Ventures. | industryventures.com | San Francisco, United States | ||
| cortescapital.tcc.mode | ||||
Global growth equity investor focusing on AI, data infrastructure, and cybersecurity firms. | 2018 | archermancap.com | Boston, United States | |
Venture capital investments are made in promising startups. | 1999 | samsungventure.co.kr | Seocho, South Korea | |
| tgcsquare.tcc.mode | ||||
Venture capital fund focused on tech startups | playground.global | Palo Alto, United States |
Investor details for d-Matrix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of d-Matrix
75 people are tracked at d-Matrix (25 in leadership, 4 in board & advisors, 46 in team); the tracked headcount is 325.
| Name | Role | Group |
|---|---|---|
Sid Sheth | Co-Founder, President & CEO | Leadership |
PJ J. | Vice President, Finance & Accounting | Leadership |
Vishal Sharma | Director, Compiler Software | Leadership |
Sudeep Bhoja | Founder & CTO | Leadership |
T.R. Arun | Vice President, Design | Leadership |
Vinayak Patankar | VP, Chip and Systems Validation | Leadership |
Aseem Bathla | Senior Director, Product Management | Leadership |
David Toub | Technical Director of CAD Engineering | Leadership |
Ranganathan Sudhakar | Chief Development Officer | Leadership |
PJ Jamkhandi | VP of Finance & Accounting | Leadership |
Leon Bezdikian | VP of Human Resources | Leadership |
Jerry Qubain | VP of Manufacturing, Operations | Leadership |
Lokesh Gupta | Technical Director Of Software | Leadership |
Haj Elfadil | Ml-ai Qa/software Infra Engineering Director | Leadership |
Purushotham Kamath | Sr. Director, Software | Leadership |
Pradip Thaker | Country Head & VP - Engineering | Leadership |
Chris Nicol | Vice President | Leadership |
Ranju Sarma | Technical Director | Leadership |
Satyam Srivastava | Chief AI SW Architect | Leadership |
Dave Lawson | Head Of Global Talent Acquisition | Leadership |
55 more people are available in the full profile.
Complete people profiles for d-Matrix
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of d-Matrix
4 dated milestones of d-Matrix across 6 years, from founding to its latest funding, stage changes and deals.
- Founded d-Matrix is founded.
- Funding First funding round of $44.0M.
- Funding Latest funding round, Series C, of $275.0M.
- Milestone Reaches Unicorn status.
Competitors of d-Matrix
d-Matrix has 3 listed competitors in our database, 2 of them funded. They include Adesto, Black Box and Avalanche Technology.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adestotech.com | 2007 | Sunnyvale, United States | $74.99M | Ultra-low-power CBRAM technology is developed for IoT and health applications. | ||
| blackbox.com | 1976 | Plano, United States | Data center equipment is supplied for enterprise operations optimization. | |||
| avalanche-technology.com | 2006 | Fremont, United States | $189.52M | Non-volatile memory is developed using proprietary STT-MRAM technology. |
Detailed competitors of d-Matrix
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of d-Matrix
The website of d-Matrix (d-matrix.ai) receives about 15.1K visits a month.
- Monthly visits15.1K
▼ 21.5% vs previous month
Websites whose visitors overlap most with d-Matrix. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| linkedin.com | 100% | 1.9B | #18 | View details | |
| google.com | 98% | 85.8B | #1 | View details | |
| github.com | 82% | 542.6M | #65 | View details | |
| reddit.com | 81% | 4.4B | #9 | View details | |
| cerebras.ai | 70% | 655K | #100,759 | View details |
Top companies in Semiconductors & ICs
3 companies that operate in the same segment as d-Matrix (Semiconductors & ICs) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of cloud and AI-based cellular communication ICs | 1985 | San Diego, California, United States | USD 44.28 B | 49,000 | ||
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 |
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Related news about D-Matrix
Complete news archive for d-Matrix
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Frequently Asked Questions about d-Matrix
d-Matrix was founded in 2019 and raised its 1st funding round 3 years after it was founded.
d-Matrix is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.
Sid Sheth is the CEO of d-Matrix, as recorded in our data. They have also founded this company.
d-Matrix is a funded company, having raised a total of $450M across 3 funding rounds to date. The company's 1st funding round was a Series A of $44M, raised on Apr 2022.
d-Matrix has 325 employees.
d-Matrix was founded in 2019 in Los Altos, United States, and operates in the AI compute sector. A digital in-memory compute engine is provided to address the memory wall, enhancing performance and efficiency for machine learning models. A holistic platform is offered for AI compute, with a focus on datacenter deployments.
d-Matrix's top competitors include Black Box, Avalanche Technology and Adesto.
d-Matrix offers Corsair, AI Chip, and Accelerator Card.
d-Matrix has 27 investors. Key investors include Palo Alto Networks, Ericsson, SK hynix, Mirae Asset, and Marvell.
The valuation of d-Matrix is $2B as of Nov 2025.
d-Matrix operates through D-Matrix Corporation.