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Akeana

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Offers a variety of IP solutions, including microcontrollers, Android clusters, AI vector cores and subsystems, and compute clusters for networking and data centers

Santa Clara, United StatesFounded 2021Semiconductors
Valuation $500M–1B Last recorded · 2024
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About Akeana

Akeana is a semiconductor intellectual property (IP) provider established in early 2021, specializing in the open-source RISC-V architecture. The company was founded by a team of engineers, including CEO Rabin Sugumar, Nitin Rajmohan, and Abbas Rashid, who were instrumental in designing Marvell's ThunderX2 server chips. This background in creating high-performance server processors informs Akeana's strategy to deliver a broad range of processor and system IP. The firm operates on a pure IP licensing model, providing its technology to semiconductor companies for integration into their own chip designs. Since its inception, Akeana has secured over $100 million in funding from investors such as Kleiner Perkins, Mayfield, and Fidelity.

The company's business model centers on offering a highly configurable and scalable portfolio of RISC-V IP, aiming to compete with established architectures like Arm by providing equitable licensing options. Akeana's core innovation lies in generating its entire range of processor cores from a single, highly configurable System Verilog database, which allows for efficient development and maintenance. Its product offerings span from low-power microcontrollers to high-performance cores for data centers, covering a wide array of markets including IoT, automotive, mobile computing, and cloud applications. Clients can customize IP blocks to meet specific computational and bandwidth requirements.

Akeana’s product portfolio is structured into several series. The Akeana 100 Series consists of 32-bit RISC-V cores for embedded microcontrollers and edge devices. The Akeana 1000 Series features 64-bit cores with a Memory Management Unit (MMU) to support complex operating systems, targeting applications like advanced driver-assistance systems. At the high end, the Akeana 5000 Series is designed for demanding applications in laptops and data center servers, offering higher single-thread performance. Beyond CPU cores, Akeana supplies essential system IP, including coherent and non-coherent interconnects, interrupt controllers, I/O MMUs, and AI accelerators, enabling clients to build complete system-on-chip (SoC) solutions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Santa Clara, United States
Employees
45
Open positions
None listed
Dealroom signal
73.0/100
Industry
Semiconductors
Sector
Semiconductors, Open Source, Edge Computing, Semiconductor IP, Low-Power, RISC-V, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Aug 2024 $100M $400M Mayfield · Kleiner Perkins · Fidelity Investments ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Akeana website traffic

Latest recorded traffic for Akeana is 3.7K monthly website visits, up 8.8% over the last three months. Akeana's team grew 2.3% over the past year.

Latest monthly visits3.7K 3-month web change+8.8% 1-year team growth+2.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States89.7%
🇮🇱 Israel6.9%
🇸🇪 Sweden3.5%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Akeana on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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