About d-Matrix
d-Matrix is a company based in Los Altos (United States) founded in 2019 by Sid Sheth. d-Matrix has raised $429 million across 3 funding rounds from investors including Palo Alto Networks, SK hynix and Mirae Asset. The company has 66 employees as of December 31, 2023. d-Matrix offers products and services including Corsair, AI Chip, and Accelerator Card. d-Matrix operates in a competitive market with competitors including Samsung, Adesto, Black Box, Avalanche Technology and Cornelis Networks, among others.
- Headquarter Los Altos, United States
- Employees 66 as on 31 Dec, 2023
- Founders Sid Sheth
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name D-Matrix Corporation
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$429 M (USD)
in 3 rounds
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Latest Funding Round
$275 M (USD), Series C
Nov 12, 2025
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Investors
Palo Alto Networks
& 21 more
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Employee Count
66
as on Dec 31, 2023
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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
People of d-Matrix
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Funding Insights of d-Matrix
d-Matrix has successfully raised a total of $429M 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.
Investors in d-Matrix
d-Matrix has secured backing from 22 investors, including venture fund and institutional investors. Prominent investors backing the company include Palo Alto Networks, SK hynix and Mirae Asset.
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Venture capital investments in technology startups are facilitated by M12.
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Early-stage US tech companies are funded by Nautilus Venture Partners.
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Investor details for d-Matrix
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Investments & Acquisitions by d-Matrix
Investment portfolio details for d-Matrix
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Financial Statements - d-Matrix
Detailed financials for d-Matrix
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D-Matrix Comparisons
Peer comparison for d-Matrix
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Competitors of d-Matrix
d-Matrix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsung, Adesto, Black Box, Avalanche Technology and Cornelis Networks, among others.
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Multi-category electronic products are manufactured globally by the company.
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Ultra-low-power CBRAM technology is developed for IoT and health applications.
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Data center equipment is supplied for enterprise operations optimization.
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Non-volatile memory is developed using proprietary STT-MRAM technology.
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IT service suite solutions are provided for high-performance computing environments.
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Detailed competitors of d-Matrix
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Latest news on 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 current CEO of d-Matrix. They have also founded this company.
d-Matrix is a funded company, having raised a total of $429M across 3 funding rounds to date.
As of Dec 31, 2023, the latest employee count at d-Matrix is 66.
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 Samsung, Black Box and Avalanche Technology.
d-Matrix offers Corsair, AI Chip, and Accelerator Card.
d-Matrix has 22 investors. Key investors include Palo Alto Networks, SK hynix, Mirae Asset, Marvell, and Temasek.