Strong backing for digital-in-memory computing

Strong backing for digital-in-memory computing

Business news |
By Peter Clarke

D-Matrix Inc. (Santa Clara, Calif.) has closed a $44 million Series A round of funding in support of its digital-in-memory computing (DIMC) chip architecture.

The company has also announced its Nighthawk silicon chiplet based on DIMC technology.

D-Matrix was founded in 2019 by Sid Sheth and Sudeep Bhoja, both formerly with Inphi Corp. and Broadcom. Sheth is CEO and Bhoja is CTO.

The funding round was led by Playground Global and included M12 (Microsoft Venture Fund) and SK Hynix who joined existing investors Nautilus Venture Partners, Marvell Technology and Entrada Ventures.

The company plans to use the money to bring the first DIMC-based inference compute platform to market. The Nighthawk platform will be followed by the Jayhawk platform. The company claims these will deliver an increase in computer efficiency compared with conventional machine learning platforms.

“D-Matrix has been on a three-year journey to build the world’s most efficient computing platform for AI inference at scale,” said Sheth, in a statement. “We’ve developed a path-breaking compute architecture that is all-digital, making it practical to implement while advancing AI compute efficiency far past the memory wall it has hit today.”

D-Matrix currently employs more than 50 people in the US, Australia and India.

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