SiFive Welcomes Former Intel Capital VP to Executive Team

Hiren Majmudar joins RISC-V leader to head business development efforts

SAN MATEO, Calif. – Feb 28, 2019 – SiFive, the leading provider of commercial RISC-V processor IP and silicon solutions, today named Hiren Majmudar vice president of business development. The rapidly growing company released the industry’s first Linux-capable RISC-V SoC and has been releasing new classes of Core IP in quick succession. Most recently, SiFive released the Core IP 7 Series in 32- and 64-bit variants across the E7, S7, and U7 product families with coherent heterogenous support to enable high performance embedded intelligence.

"SiFive is leading the disruption of the semiconductor industry with effective implementation of the Open Source RISC-V instruction set architecture, and it is well on its way to democratizing access to silicon for the masses," said Majmudar. "I'm thrilled to be a part of this revolution, contributing to corporate development and sales strategy for customer expansion."

Majmudar recently led Intel Capital’s corporate development practice for silicon and IP and brings more than 25 years of business and technology leadership experience to SiFive. During his time at Intel Capital, the world’s largest corporate venture capital group, Majmudar spearheaded a renewed focus on equity investments, and mergers and acquisitions for silicon design and intellectual property (IP). He also led Intel Capital’s investment in SiFive and served as a board observer for the company. Prior to this role, Majmudar built Intel’s third-party IP ecosystem and enabled Intel’s corporate transition to the world of SoCs. Majmudar also has 15 years of engineering leadership in chip design, EDA development, and software tools sales and marketing.

"We're excited to bring in Hiren to help propel SiFive’s growth," said Naveed Sherwani, SiFive president and CEO. "Hiren has been a champion of SiFive and a valuable member of our board. His experience in engineering-driven corporate development activities, especially for CPU and other emerging compute engines, will enable us to refine and execute our corporate development strategy, raise capital and significantly expand our strategic customer base”.

Majmudar has a master's degree in electrical engineering from State University of New York, Stony Brook.

About SiFive

SiFive is the leading provider of market-ready processor core IP, development tools and silicon solutions based on the free and open RISC-V instruction set architecture. Led by a team of seasoned silicon executives and the RISC-V inventors, SiFive helps SoC designers reduce time-to-market and realize cost savings with customized, open-architecture processor cores, and democratizes access to optimized silicon by enabling system designers in all market verticals to build customized RISC-V based semiconductors. Located in Silicon Valley, SiFive has backing from Sutter Hill Ventures, Spark Capital, Osage University Partners, Chengwei, Huami, SK Hynix, Intel Capital, and Western Digital. For more information, visit www.sifive.com