About NextSilicon
NextSilicon is a Technology company based in Tel Aviv (Israel) founded in 2017 by Elad Raz. NextSilicon has raised $303 million across 3 funding rounds from investors including Third Point Ventures, Aleph and Yuval Ariav. The company has 397 employees. NextSilicon was last valued at $1.5 billion in June 2021. Its chief executive, as recorded, is Elad Raz. Its website nextsilicon.com draws about 11 thousand monthly visits. NextSilicon offers products and services including Maverick-2 ICA and Developer Toolchain. Its focus areas include Enterprise Infrastructure, High Performance Computing, Components and Processors. Its legal entity is NEXT SILICON LTD.
Company details
Developer of intelligent compute architecture and software-defined hardware acceleration solutions. It offers technology designed to deliver performance and efficiency for high-performance computing, artificial intelligence, and vector database applications. The companys architecture adapts and reconfigures hardware to meet specific workload needs, providing workload-specific performance with the flexibility to adapt to future demands. It also provides a developer toolchain that supports languages, such as CC, FORTRAN, OpenMP, and Kokkos, eliminating the need for domain-specific languages and application porting.
- Headquarters Tel Aviv, Israel
- Employees 397
- Founders Elad Raz
- Stage Unicorn
- SectorsTechnology
- Email••••••••
- Website nextsilicon.com
- Social LinkedIn
- Legal Name Next Silicon Ltd
- Total Equity Funding$303M (USD)
in 3 rounds
- Latest Funding Round$100M (USD), Series C
Oct 2024
- InvestorsThird Point Ventures
& 6 more
- Employee Count397
Products & Services of NextSilicon
NextSilicon offers a comprehensive portfolio of products and services, including Maverick-2 ICA and Developer Toolchain.
Adaptive architecture for optimizing HPC and AI workloads efficiently.
Supports programming languages for seamless HPC application development.
Funding Insights of NextSilicon
NextSilicon has successfully raised a total of $303M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in October 2024. 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 $303M
- Total Rounds 3
- Last Round Series C — $100M
- Investors Count 7
All 3 funding rounds of NextSilicon 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 |
|---|---|---|---|---|---|
| Oct 2024 | $100M | Series C | – | – | – |
| Jun 2021 | $120M | Series C | – | Third Point Ventures, Liberty Venture Partners | |
| Nov 2020 | Series B | – | Playground Global |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of NextSilicon
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 $1.5B (Jun 2021). 7 investors in total: 6 institutional and 1 angel.
Investors in NextSilicon
NextSilicon has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Third Point Ventures, Aleph and Yuval Ariav.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate-backed venture capital is focused on fintech and multiple sectors. | thirdpointventures.com | Menlo Park, United States | ||
Early-stage tech investments in Israel are focused on by Aleph. | aleph.vc | Tel Aviv, Israel | ||
Tech startups are funded by Amiti venture capital firm. | amiti.vc | |||
Venture capital fund focused on tech startups | playground.global | Palo Alto, United States | ||
Venture capital firm investing in seed & series A startups | cornerventures.com | Palo Alto, United States | ||
Offers comprehensive solutions in managed networks, cloud services, and IT security. | 1996 | libertyvp.com | Philadelphia, United States | |
YA Yuval Ariav | Founder of Fundbox, active angel investor in fintech and tech startups. | unknown_7e30dfc1e2fd44c39 |
Investor details for NextSilicon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of NextSilicon
37 people are tracked at NextSilicon (12 in leadership, 25 in team); the tracked headcount is 397.
| Name | Role | Group |
|---|---|---|
Elad Raz | Founder & CEO | Leadership |
Matan Kacen | VP HW | Leadership |
Adi Menahem | VP, Finance & Operations | Leadership |
Keren Onana Hollander | VP, HR | Leadership |
Eyal Nagar | VP, R&D | Leadership |
Yehuda Mizrahi | Director Of System HW | Leadership |
Lior Amar | Head Of SDK Group | Leadership |
Ido Naishtein | Sr. Director, Engineering Manager VLSI | Leadership |
Brandon Draeger | VP Of Marketing | Leadership |
Oshri Kdoshim | Director Ux & Design | Leadership |
Adam Weitzman | Head Of Design & Creative | Leadership |
Aleksandar Beric | VP Of R&d Serbia | Leadership |
Eyal Hadas | Senior Hardware Engineer | Team |
Kara Peterson | Human Resources | Team |
Dana Zur Neumann | General Counsel | Team |
Yosi Arbeli | VLSI Front End Tech Lead | Team |
Rona Deutsch | HR & TA | Team |
Radoje Ivantic | HW Design Manager | Team |
Menashe Daskal | Design Team Lead | Team |
Elad Leibovich | Corporate Controller | Team |
17 more people are available in the full profile.
Complete people profiles for NextSilicon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of NextSilicon
4 dated milestones of NextSilicon across 7 years, from founding to its latest funding, stage changes and deals.
- Founded NextSilicon is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series C, of $100.0M.
Web traffic of NextSilicon
The website of NextSilicon (nextsilicon.com) receives about 11.4K visits a month.
- Monthly visits11.4K
▼ 38.9% vs previous month
Websites whose visitors overlap most with NextSilicon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| startuphub.ai | 100% | #295,835 | View details | ||
| joberty.com | 100% | #335,171 | View details | ||
| linkedin.com | 68% | 1.9B | #18 | View details | |
| google.com | 68% | 85.8B | #1 | View details | |
helloworld.rs | helloworld.rs | 60% | #177,792 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for NextSilicon
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Verified entity values are shown only after access is granted.
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Related news about Nextsilicon
Complete news archive for NextSilicon
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Frequently Asked Questions about NextSilicon
NextSilicon was founded in 2017 and raised its 1st funding round 3 years after it was founded.
NextSilicon is headquartered in Tel Aviv, Israel. It is registered at Tel Aviv, Tel Aviv, Israel.
Elad Raz is the CEO of NextSilicon, as recorded in our data. They have also founded this company.
NextSilicon is a funded company, having raised a total of $303M across 3 funding rounds to date.
NextSilicon has 397 employees.
Developer of intelligent compute architecture and software-defined hardware acceleration solutions. It offers technology designed to deliver performance and efficiency for high-performance computing, artificial intelligence, and vector database applications. The companys architecture adapts and reconfigures hardware to meet specific workload needs, providing workload-specific performance with the flexibility to adapt to future demands. It also provides a developer toolchain that supports languages, such as CC, FORTRAN, OpenMP, and Kokkos, eliminating the need for domain-specific languages and application porting.
NextSilicon offers Maverick-2 ICA and Developer Toolchain.
NextSilicon has 7 investors. Key investors include Third Point Ventures, Aleph, Yuval Ariav, Liberty Venture Partners, and Amiti.
The valuation of NextSilicon is $1.5B as of Jun 2021.
NextSilicon operates through Next Silicon Ltd.